By Wendy Van Sickle
Columbus, Ohio, Oct. 29 – GS Finance Corp. priced $2.09 million of 0% leveraged buffered index-linked notes due Nov. 1, 2024 tied to the MSCI World index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus 123.25% of the index return.
If the index falls by up to 20%, the payout will be par.
Otherwise, investors will lose 1% for each 1% decline in the index beyond 20%.
Goldman Sachs & Co. LLC is the agent.
Issuer: | GS Finance Corp.
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Issue: | Leveraged buffered index-linked notes
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Underlying index: | MSCI World index
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Amount: | $2.09 million
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Maturity: | Nov. 1, 2024
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus 123.25% of index return; par if index falls by up to 20%, 1% loss for every 1% index decline beyond 20%
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Initial index level: | 2,222.75
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Pricing date: | Oct. 25
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Settlement date: | Nov. 1
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Agent: | Goldman, Sachs & Co. LLC
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Fees: | 0.35%
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Cusip: | 40056XKC9
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