By Wendy Van Sickle
Columbus, Ohio, May 9 – GS Finance Corp. priced $1.46 million of 0% capped gears due July 9, 2019 linked to the Euro Stoxx 50 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 four times any index gain, up to a maximum settlement amount of $14.28.
Investors will lose 1% for each 1% index decline.
Goldman, Sachs & Co. is the underwriter with UBS Financial Services Inc. as selling agent.
Issuer: | GS Finance Corp.
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Guarantor: | Goldman Sachs Group, Inc.
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Issue: | Capped gears
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Underlying index: | Euro Stoxx 50
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Amount: | $1,455,000
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Maturity: | July 9, 2019
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 4 times any index gain, capped at $14.28 per note; full exposure to any index decline
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Initial index level: | 3,529.12
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Pricing date: | May 3
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Settlement date: | May 8
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Underwriter: | Goldman Sachs & Co. LLC with UBS Financial Services Inc. as selling agent
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Fees: | 0.1%
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Cusip: | 36254G523
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