By William Gullotti
Buffalo, N.Y., Aug. 24 – GS Finance Corp. priced $3.45 million of 0% market-linked notes due Aug. 18, 2028 linked to the Dow Jones industrial average, according to a 424B2 with the Securities and Exchange Commission.
The securities are guaranteed by Goldman Sachs Group, Inc.
If the final index level is greater than the initial index level, the payout at maturity will be par plus 1.071 times the index gain.
If the index finishes flat or declines, investors will receive par.
Goldman Sachs & Co. LLC is the agent, with UBS Financial Services Inc. acting as selling agent.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Market-linked notes
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| Underlying index: | Dow Jones industrial average
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| Amount: | $3.45 million
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| Maturity: | Aug. 18, 2028
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.071 times any index gain; par if index finishes flat or falls
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| Initial index level: | 34,946.39
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| Pricing date: | Aug. 15
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| Settlement date: | Aug. 18
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| Agent: | Goldman Sachs & Co. LLC with UBS Financial Services Inc. acting as selling agent
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| Fees: | None
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| Cusip: | 40057TRF3
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