Published on 2/8/2022 in the Prospect News Structured Products Daily.
New Issue: GS Finance prices $1.72 million basket-linked notes on 35 stocks
By Wendy Van Sickle
Columbus, Ohio, Feb. 8 – GS Finance Corp. priced $1.72 million of 0% notes due March 6, 2023 linked to an unequally weighted basket of stocks, according to a 424B2 filing with the Securities and Exchange Commission.
The notes priced at 101.35 for $1.74 million of proceeds.
The basket consists of the stocks of Activision Blizzard, Inc. (4.34% weight), Adobe Inc. (1.66% weight), Advanced Micro Devices, Inc. (5% weight), Akamai Technologies, Inc. (3.71% weight), Alphabet Inc. (1.91% weight), Amazon.com, Inc. (3.13% weight), Apple Inc. (2.34% weight), Arista Networks, Inc. (3.35% weight), Autodesk, Inc. (1.63% weight), Bentley Systems, Inc. (1.69% weight), Broadcom Inc. (2.06% weight), Cloudflare, Inc. (1.71% weight), Coinbase Global, Inc. (2.36% weight), Electronic Arts Inc. (3.44% weight), Fastly, Inc. (2.21% weight), Intel Corp. (2.15% weight), Match Group, Inc. (1.66% weight), Marvell Technology, Inc. (3.6% weight), Matterport, Inc. (1.06% weight), Meta Platforms, Inc. (5% weight), Microsoft Corp. (3.25% weight), NetEase, Inc. (1.96% weight), Nvidia Corp. (5% weight), PayPal Holdings, Inc. (1.8% weight), PTC Inc. (3.45% weight), Qualcomm Inc. (3.63% weight), Roblox Corp. (5% weight), Sea Ltd. (1.83% weight), Shopify Inc. (2.46% weight), Skyworks Solutions, Inc. (3.16% weight), Snap Inc. (1.38% weight), Snowflake Inc. (2.71% weight), Taiwan Semiconductor Manufacturing Co. Ltd. (2.28% weight), Take-Two Interactive Software, Inc. (3.17% weight) and Unity Software Inc. (5% weight).
The notes are guaranteed by Goldman Sachs Group, Inc.
At maturity, investors will have full exposure to the basket return, positive or negative.
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: | Basket-linked notes
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Underlying stocks: | Activision Blizzard, Inc. (4.34% weight), Adobe Inc. (1.66% weight), Advanced Micro Devices, Inc. (5% weight), Akamai Technologies, Inc. (3.71% weight), Alphabet Inc. (1.91% weight), Amazon.com, Inc. (3.13% weight), Apple Inc. (2.34% weight), Arista Networks, Inc. (3.35% weight), Autodesk, Inc. (1.63% weight), Bentley Systems, Inc. (1.69% weight), Broadcom Inc. (2.06% weight), Cloudflare, Inc. (1.71% weight), Coinbase Global, Inc. (2.36% weight), Electronic Arts Inc. (3.44% weight), Fastly, Inc. (2.21% weight), Intel Corp. (2.15% weight), Match Group, Inc. (1.66% weight), Marvell Technology, Inc. (3.6% weight), Matterport, Inc. (1.06% weight), Meta Platforms, Inc. (5% weight), Microsoft Corp. (3.25% weight), NetEase, Inc. (1.96% weight), Nvidia Corp. (5% weight), PayPal Holdings, Inc. (1.8% weight), PTC Inc. (3.45% weight), Qualcomm Inc. (3.63% weight), Roblox Corp. (5% weight), Sea Ltd. (1.83% weight), Shopify Inc. (2.46% weight), Skyworks Solutions, Inc. (3.16% weight), Snap Inc. (1.38% weight), Snowflake Inc. (2.71% weight), Taiwan Semiconductor Manufacturing Co. Ltd. (2.28% weight), Take-Two Interactive Software, Inc. (3.17% weight) and Unity Software Inc. (5% weight)
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Amount: | $1.72 million
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Proceeds: | $1,743,220
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Maturity: | March 6, 2023
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Coupon: | 0%
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Price: | 101.35
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Payout at maturity: | Full exposure to positive or negative basket return
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Pricing date: | Feb. 2
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Settlement date: | Feb. 9
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 0.81%
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Cusip: | 362273BR4
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