Published on 4/27/2023 in the Prospect News Structured Products Daily.
New Issue: GS Finance prices $75,000 index-linked notes tied to Stoxx
Chicago, April 27 – GS Finance Corp. priced $75,000 of 0% index-linked notes due May 29, 2025 linked to the performance of the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the return of the index is positive, the payout at maturity will be par plus the return of the index, capped at par plus 33%.
Otherwise, investors will receive par.
Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. are the agents.
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: | Euro Stoxx 50 index
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Amount: | $75,000
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Maturity: | May 29, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If the index return is positive, par plus the return, capped at par plus 33%; otherwise, par
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Initial level: | 3,740.31
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Pricing date: | May 26, 2022
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Settlement date: | June 1, 2022
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Agents: | Goldman Sachs & Co. LLC and Citigroup Global Markets Inc.
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Fees: | 1.75%
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Cusip: | 40057M3J6
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