Chicago, April 30 – GS Finance Corp. priced $1.24 million of 0% autocallable index-linked notes due Feb. 9, 2029 linked to the Goldman Sachs Momentum Builder Focus ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be redeemed early at par plus a 14.7% return if the index closes above its initial level on Jan. 27, 2025.
If the final index level is greater than the initial index level, the payout at maturity will be par plus three times the index return. If the final index level is less than or equal to the initial index level, the payout will be par.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Autocallable index-linked notes
|
| Underlying index: | Goldman Sachs Momentum Builder Focus ER index
|
| Amount: | $1,241,000
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| Maturity: | Feb. 9, 2029
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If final index level is greater than initial index level, par plus three times index return; otherwise, par
|
| Call: | Par plus 14.7% return if index closes above initial level on Jan. 27, 2025
|
| Initial level: | 103.96
|
| Pricing date: | Jan. 26
|
| Settlement date: | Jan. 31
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 4%
|
| Cusip: | 40057XQJ7
|
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