By Kiku Steinfeld
Chicago, Feb. 26 – GS Finance Corp. priced $961,000 of 0% autocallable index-linked notes due July 12, 2028 tied to 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 a 15% call premium if the index closes at or above its initial level on June 27, 2024
If the index finishes positive, the payout at maturity will be par plus four times the return of the index.
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 index
|
| Amount: | $961,000
|
| Maturity: | July 12, 2028
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index finishes at or above its initial level, par plus four times index return; if the index finishes flat or declines, investors will receive par
|
| Call: | At par plus 15% call premium if index closes at or above initial level on June 27, 2024
|
| Initial level: | 103.60
|
| Pricing date: | June 27, 2023
|
| Settlement date: | June 30, 2023
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 3.93%
|
| Cusip: | 40057T4G6
|
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