By Wendy Van Sickle
Columbus, Ohio, Feb. 8 – GS Finance Corp. priced $13.75 million of 0% buffered digital index-linked notes due May 12, 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 final level of the index is greater than or equal to its buffer value, 80% of its initial level, the payout at maturity will be par plus the 15.53% digital payment.
Otherwise, investors will lose 1.25% for every 1% that the index falls below its buffer value.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Buffered digital index-linked notes
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| Underlying index: | S&P 500 index
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| Amount: | $13.75 million
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| Maturity: | May 12, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the final index level is greater or equal to the buffer value, par plus 15.53%; otherwise, 1.25% loss for every 1% decline beyond 20%
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| Initial index level: | 4,906.19
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| Buffer value: | 80% of initial level
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| Pricing date: | Feb. 1
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| Settlement date: | Feb. 8
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| Underwriter: | Goldman Sachs & Co. LLC
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| Fees: | 1.13%
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| Cusip: | 40057Y3P6
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