Chicago, Aug. 22 – GS Finance Corp. priced $600,000 of 0% autocallable index-linked notes due Aug. 13, 2027 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The notes will be called at par plus an 11.1% call premium if the index closes at or above initial level on Aug. 17, 2023.
If the notes are not called and the index finishes at or above its initial level, the payout at maturity will be par plus the return of the index
Otherwise, investors will receive par.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Autocallable index-linked notes
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| Underlying index: | S&P 500 index
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| Amount: | $600,000
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| Maturity: | Aug. 13, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus index return if index finishes positive; otherwise, par
|
| Call: | At par plus 11.1% call premium if index closes at or above initial level on Aug. 17, 2023
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| Initial level: | 4,210.24
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| Pricing date: | Aug. 10, 2022
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| Settlement date: | Aug. 15, 2022
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 0.25%
|
| Cusip: | 40057MPV5
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