Chicago, Feb. 6 – GS Finance Corp. priced $856,000 of 0% leveraged index-linked notes due Jan. 31, 2025 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.
The payout at maturity will be par plus 1.22 times any index gain.
Investors will receive par if the index declines, but not more than 25%.
If the final value of the index is below 75% of its initial level, investors will be fully exposed to the decline of the index.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Leveraged index-linked notes
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| Underlying index: | S&P 500 index
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| Amount: | $856,000
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| Maturity: | Jan. 31, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.22 times any index gain; par if the index declines by up to 25%; full exposure to losses if index finishes below 75% of initial level
|
| Initial index level: | 3,276.24
|
| Trigger buffer level: | 75% of initial level
|
| Pricing date: | Jan. 28
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| Settlement date: | Jan. 31
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 3.9%
|
| Cusip: | 40056Y7H1
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