By Wendy Van Sickle
Columbus, Ohio, Oct. 9 – GS Finance Corp. priced $1.95 million of 0% leveraged index-linked notes due Oct. 8, 2026 tied to the S&P 500 Value index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index finishes above its initial level, the payout at maturity will be par plus 1.335 times the index return.
Investors will receive par if the index falls by up to 30% and will be exposed to any losses if the index falls by more than 30%.
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: | Leveraged index-linked notes
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Underlying index: | S&P 500 Value index
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Amount: | $1.95 million
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Maturity: | Oct. 8, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.335 times any index gain; par if index falls by up to 30%; otherwise, full exposure to losses
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Initial index level: | 1,133.08
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Pricing date: | Oct. 5
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Settlement date: | Oct. 8
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 3.625%
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Cusip: | 40057EEQ6
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