By Kiku Steinfeld
Chicago, June 13 – GS Finance Corp. priced $867,000 of 0% autocallable index-linked notes due Feb. 11, 2030 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.
The notes will be called at par plus a 14.5% annualized call return if the index closes above its call level on any of the annual call observation dates. The call level starts at 102% of the initial level of the index and increases 2% each year.
If the return of the index is positive, the payout at maturity will be par plus the index return.
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: | BlackRock Dynamic Factor index
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| Amount: | $867,000
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| Maturity: | Feb. 11, 2030
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the index return is positive, par plus index return; otherwise, par
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| Call: | At par plus 14.5% annualized call return if index closes above call level on annual call observation date; call level starts at 102% and increases by 2% each eyar
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| Initial level: | 935.76
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| Pricing date: | Jan. 26, 2023
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| Settlement date: | Jan. 31, 2023
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 4.12%
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| Cusip: | 40057PCX8
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