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 12/28/2022 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $277,000 index-linked notes tied to Euro Stoxx 50

By William Gullotti

Buffalo, N.Y., Dec. 28 – GS Finance Corp. priced $277,000 of 0% index-linked notes due May 1, 2029 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 119.4% of the return of the index.

Otherwise, investors will receive par.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Index-linked notes
Underlying index:Euro Stoxx 50 index
Amount:$277,000
Maturity:May 1, 2029
Coupon:0%
Price:Par
Payout at maturity:If the index return is positive, par plus 119.4% of the return; otherwise, par
Initial level:3,721.36
Pricing date:April 26
Settlement date:April 29
Agent:Goldman Sachs & Co. LLC
Fees:3.64%
Cusip:40057LP96

© 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.