By Wendy Van Sickle
Columbus, Ohio, May 4 – GS Finance Corp. priced $3.1 million of 0% autocallable index-linked notes due May 7, 2029 tied to the GS Momentum Builder Focus ER 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 5.6% annual call premium if the index closes at or above its initial level any annual observation date.
If the notes are not called and the index finishes flat or positive, the payout at maturity will be par plus 39.2%.
Otherwise, investors will receive par.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Autocallable index-linked notes
|
| Underlying index: | GS Momentum Builder Focus ER index
|
| Amount: | $3,096,000
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| Maturity: | May 7, 2029
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index finishes at or above its initial level, $1,392 for each $1,000 face amount of notes; if the index finishes flat or declines, investors will receive par
|
| Call: | At par plus a 5.6% annual call premium if index closes at or above initial level on any annual observation date
|
| Initial level: | 102.65
|
| Pricing date: | April 22
|
| Settlement date: | April 27
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 4.26%
|
| Cusip: | 40057LS51
|
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