Chicago, June 15 – GS Finance Corp. priced $1.09 million of 0% autocallable index-linked notes due June 15, 2026 linked to the performance of the Goldman Sachs Momentum Builder Focus ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The notes will be called at par plus 15% if the index closes above its initial level on May 31, 2024.
If the return of the index is positive, the payout at maturity will be par plus three times the index return.
Otherwise, investors will receive par.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Autocallable index-linked notes
|
| Underlying index: | Goldman Sachs Momentum Builder Focus ER
|
| Amount: | $1,091,000
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| Maturity: | June 15, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index return is positive, par plus three times index return; otherwise, par
|
| Call: | At par plus 15% if index closes above initial level on May 31, 2024
|
| Initial level: | 102.24
|
| Pricing date: | May 31
|
| Settlement date: | June 5
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 0.79%
|
| Cusip: | 40057RQU5
|
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