Published on 2/13/2024 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $228,000 leveraged index-linked notes on S&P Futures Excess Return
Chicago, Feb. 13 – GS Finance Corp. priced $228,000 of 0% leveraged index-linked notes due Jan. 3, 2029 based on the performance of the S&P 500 Futures Excess Return 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 plus 1.41 times any index gain.
Otherwise, investors will receive par.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged index-linked notes
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| Underlying index: | S&P 500 Futures Excess Return
|
| Amount: | $228,000
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| Maturity: | Jan. 3, 2029
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| Coupon: | 0%
|
| Price: | Par
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| Payout at maturity: | Par plus 1.41 times any index gain; otherwise, par
|
| Initial index level: | 424.06
|
| Pricing date: | Dec. 28, 2023
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| Settlement date: | Jan. 3, 2024
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 0.75%
|
| Cusip: | 40057XGC3
|
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