Chicago, Feb. 5 – GS Finance Corp. priced $551,000 of autocallable contingent coupon underlier-linked notes due May 18, 2026 linked to the least performing of the MSCI Emerging Markets index and the Energy Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The notes will pay a monthly contingent coupon of 6.4% per year if each underlier is at or above the 80% coupon trigger level on the corresponding observation date.
The notes will automatically be called at par plus the coupon if each underlier closes at or above its initial level on any quarterly observation date after one year.
At maturity, the payout will be par plus any coupon due.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Autocallable contingent coupon underlier-linked notes
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| Underlying assets: | MSCI Emerging Markets index and the Energy Select Sector SPDR Fund
|
| Amount: | $551,000
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| Maturity: | May 18, 2026
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| Coupon: | 6.4% per year, paid monthly if each underlier is at or above the coupon trigger level on the corresponding observation date
|
| Price: | Par
|
| Payout at maturity: | Par plus any coupon due
|
| Call: | Automatically at par plus coupon if each underlier closes at or above initial level on any quarterly observation date after one year
|
| Initial levels: | 977.82 for index, $78.40 for fund
|
| Coupon trigger levels: | 80% of initial levels
|
| Pricing date: | May 11, 2023
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| Settlement date: | May 16, 2023
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 1%
|
| Cusip: | 40057RSF6
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