Published on 9/17/2021 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $30,000 index-linked notes on BlackRock Dynamic Factor
By Kiku Steinfeld
Chicago, Sept. 17 – GS Finance Corp. priced $30,000 of 0% index-linked notes due June 29, 2028 linked to the performance of the BlackRock Dynamic Factor index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the return of the index is positive, the payout at maturity will be par plus 1.5 times the index gain.
Otherwise, investors will receive par.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked notes
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| Underlying index: | BlackRock Dynamic Factor index
|
| Amount: | $30,000
|
| Maturity: | June 29, 2028
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index return is positive, par plus 1.5 times the index return; otherwise, par
|
| Initial level: | 1,060.36
|
| Pricing date: | June 25
|
| Settlement date: | June 30
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 4.475%
|
| Cusip: | 40057HJ43
|
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