By Wendy Van Sickle
Columbus, Ohio, Dec. 30 – GS Finance Corp. priced $2.36 million of 0% trigger gears due Dec. 31, 2021 linked to the Solactive Eurozone 50 Equal Weight 5% AR 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 of $10 plus 2.6 times any index gain.
Investors will receive par if the index falls by up to 30% and will be fully exposed to any losses if the index finishes below 70% of the initial level.
Goldman Sachs & Co. is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Trigger gears
|
| Underlying index: | Solactive Eurozone 50 Equal Weight 5% AR index
|
| Amount: | $2,359,500
|
| Maturity: | Dec. 31, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 2.6 times any index gain; par if the index falls by up to 30%; full exposure to any losses if the index finishes below 70% downside threshold
|
| Initial level: | 94.87
|
| Downside threshold: | 66.41, 70% of initial level
|
| Pricing date: | Dec. 28
|
| Settlement date: | Dec. 30
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 3.85%
|
| Cusip: | 36251U400
|
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