Chicago, April 12 – GS Finance Corp. priced $2.06 million of 0% autocallable index-linked notes due Feb. 2, 2032 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 12.1% annual call premium if the index closes at or above its call level on any semiannual observation date starting after one year. The initial call level is 100.5% of the initial level, with a 0.5% increase on each call observation date.
If the notes are called, the payout at maturity will be par plus the return of the index.
Otherwise, investors will receive par.
Goldman Sachs & Co. LLC is the agent.
Issuer: | GS Finance Corp.
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Guarantor: | Goldman Sachs Group, Inc.
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Issue: | Autocallable index-linked notes
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Underlying index: | Goldman Sachs Momentum Builder Focus ER index
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Amount: | $2,056,000
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Maturity: | Feb. 3, 2032
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If the index finishes at or above its initial level, par plus return; if the index declines, investors will receive par
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Call: | At par plus a 12.1% annual call premium if index closes at or above call level on any semiannual observation date starting after one year; initial call level is 100.5% of initial level with 0.5% increase on each call observation date
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Initial level: | 103.62
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Pricing date: | Jan. 18
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Settlement date: | Jan. 23
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 4.5%
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Cusip: | 40057XUQ6
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