Chicago, Oct. 27 – GS Finance Corp. priced $990,000 of 0% autocallable index-linked notes due March 4, 2027 tied to the Dow Jones U.S. Select Dividend index, the S&P 500 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
If each index closes at or above 102% of its initial level on any of the annual call observation dates, the notes will be called at par plus an 8.6% annualized call premium.
If each index finishes at or above 102% of its initial level, the payout will be par plus 43%.
If the worst performer finishes below 102% of its initial level but finishes at or above 70% of its initial level, the payout will be par.
If any index falls by more than 30%, investors will be exposed to the decline of the worst performing index from its initial level.
The notes are guaranteed by Goldman Sachs Group, Inc.
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 indexes: | Dow Jones U.S. Select Dividend index, the S&P 500 index, Nasdaq-100 index
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| Amount: | $990,000
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| Maturity: | March 4, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the notes are not called and each index finishes at or above 102% of its initial level, par plus 43%; if worst performer finishes below call level but above 70% of initial level, par; otherwise, investors will be exposed to the decline of the worst performing index from its initial level
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| Call: | If each index closes at or above call level on any of the annual call observation dates, notes will be called at par plus an 8.6% annualized call premium
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| Initial index levels: | 881.30 for Dow, 4,384.65 for S&P, 14,189.16 for Nasdaq
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| Call levels: | 102% of initial levels
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| Trigger buffer levels: | 70% of initial levels
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| Pricing date: | Feb. 25
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| Settlement date: | March 2
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 4.375%
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| Cusip: | 40057LAD3
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