By Susanna Moon
Chicago, June 4 – GS Finance Corp. priced $2 million of 4.74% fixed coupon callable buffered notes due May 30, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable quarterly.
The notes are callable at par on any coupon payment date on any interest payment date after one year.
The payout at maturity will be par unless the index falls by more than 15%, in which case exposure to losses beyond buffer.
The guarantor is Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Callable fixed-coupon buffered notes
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| Underlying index: | Russell 2000
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| Amount: | $2 million
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| Maturity: | May 30, 2023
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| Coupon: | 4.74%, payable quarterly
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| Price: | Par
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| Call option: | At par on any coupon payment date on any interest payment date from May 2019 through February 2023
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| Payout at maturity: | Par unless index falls by more than 15%, in which case exposure to losses beyond 15%
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| Initial level: | 1,628.222
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| Pricing date: | May 24
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| Settlement date: | May 30
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| Agent: | Goldman, Sachs & Co. LLC
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| Fees: | 4.47%
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| Cusip: | 40055AZZ3
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