New Issue: GS Finance sells $4.55 million market-linked notes with contingent fixed return on S&P

Chicago, Jan. 25 – GS Finance Corp. priced $4.55 million of 0% market-linked securities with contingent fixed return and fixed percentage buffered downside due Jan. 23, 2026 linked 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 level increases, remains unchanged or decreases by no more than 10% of its initial level, the payout at maturity will be par plus 15.6%.

Otherwise, investors will have a 1% loss for each 1% decline beyond the 10% buffer.

Goldman Sachs & Co. LLC and Wells Fargo Securities, LLC are the agents.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Market-linked securities – contingent fixed return and fixed percentage buffered downside
Underlying index:	S&P 500 index
Amount:	$4,554,000
Maturity:	Jan. 23, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If index level increases or decreases by no more than threshold, par plus 15.6%; otherwise, 1% loss for every 1% decline of index beyond buffer
Initial level:	4,839.81
Buffer level:	90% of initial level
Pricing date:	Jan. 19
Settlement date:	Jan. 24
Agents:	Goldman Sachs & Co. LLC and Wells Fargo Securities, LLC
Fees:	2.575%
Cusip:	40057XU60

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.