By Wendy Van Sickle
Columbus, Ohio, Sept. 29 – GS Finance Corp. priced $2.44 million of 0% leveraged relative performance index-linked notes due July 13, 2022 based on the relative performance of the S&P 500 Total Return index and 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 relative performance will be the difference of the S&P 500 Total Return performance minus the S&P 500 performance. Each index’s performance will be its final level divided by its initial level.
The payout at maturity will be par plus the relative performance divided by 1.47%.
Goldman, Sachs & Co. is the underwriter.
Issuer: | GS Finance Corp.
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Guarantor: | Goldman Sachs Group, Inc.
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Issue: | Leveraged buffered relative performance index-linked notes
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Underlying indexes: | S&P 500 Total Return, S&P 500
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Relative performance: | Difference of the S&P 500 Total Return performance minus the S&P 500 performance; each index’s performance is its final level divided by its initial level
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Amount: | $2.44 million
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Maturity: | July 13, 2022
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus relative performance divided by 1.47%
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Initial levels: | 8,990.08 for S&P 500 Total Return and 4,320.82 for S&P
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Pricing date: | July 8
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Settlement date: | July 13
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Underwriter: | Goldman, Sachs & Co.
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Fees: | 0.5%
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Cusip: | 40057HPV6
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