By Wendy Van Sickle
Columbus, Ohio, Dec. 8 – GS Finance Corp. priced $3.75 million of 0% leveraged buffered index-linked notes due Dec. 7, 2028 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, investors will receive par plus 115% of the index gain.
If the index return is flat or falls by up to 30%, investors will receive par.
Otherwise, investors will lose 1% for every 1% decline beyond 30%.
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: | Leveraged buffered index-linked notes
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| Underlying index: | S&P 500 index
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| Amount: | $3.75 million
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| Maturity: | Dec. 7, 2028
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 115% of the index gain; if index return is flat or falls by up to 30%, par; 1% loss for every 1% decline beyond 30%
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| Initial index level: | 4,594.63
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| Buffer level: | 70% of initial level
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| Pricing date: | Dec. 4
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| Settlement date: | Dec. 7
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 0.3%
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| Cusip: | 40057XG66
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