Published on 5/19/2021 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $5.22 million notes on Momentum Builder
By Kiku Steinfeld
Chicago, May 19– GS Finance Corp. priced $5.22 million of 0% index-linked notes due Oct. 30, 2026 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus any index gain. If the index finishes flat or falls, the payout will be 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: | Index-linked notes
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Underlying index: | GS Momentum Builder Multi-Asset 5S ER index
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Amount: | $5,217,000
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Maturity: | Oct. 30, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain; otherwise, par
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Initial index level: | 111.68
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Pricing date: | April 27
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Settlement date: | April 30
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 3.05%
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Cusip: | 40057FW59
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