E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/16/2021 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $495,000 index-linked notes on Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Sept. 16 – GS Finance Corp. priced $495,000 of 0% index-linked notes due June 28, 2029 tied to 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 index return is positive, the payout at maturity will be par plus the index gain up to par plus 100%. If the index return is negative, the payout will be par.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Index-linked notes
Underlying index:Euro Stoxx 50 index
Amount:$495,000
Maturity:June 28, 2029
Coupon:0%
Price:Par
Payout at maturity:If the index finishes at or above its initial level, par plus the index return up to a 100% gain; otherwise, par
Initial level:4,120.66
Pricing date:June 25
Settlement date:June 30
Underwriter:Goldman Sachs & Co. LLC
Fees:3.5%
Cusip:40057HHL7

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.