Chicago, Jan. 25 – GS Finance Corp. priced $1.93 million of 0% leveraged callable index-linked notes due Jan. 24, 2029 tied to the S&P 500 Futures Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are callable at par plus an annualized premium of 12.5508% on any monthly call payment date starting after one year.
If the index return is positive, the payout at maturity will be par plus 1.5 times the index return.
Otherwise, investors will receive par.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Issue: | Leveraged callable index-linked notes
|
| Underlying index: | S&P 500 Futures Excess Return index
|
| Amount: | $1,927,000
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| Maturity: | Jan. 24, 2029
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index return is positive, par plus 1.5 times the index return; otherwise, par
|
| Call: | At par plus annualized premium of 12.5508% on any monthly call payment date starting after one year
|
| Initial index level: | 427.33
|
| Pricing date: | Jan. 19
|
| Settlement date: | Jan. 24
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 1.375%
|
| Cusip: | 40057XWU5
|
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