Chicago, Feb. 13 – GS Finance Corp. priced $250,000 of 0% buffered index-linked notes due Jan. 2, 2026 based on the performance of the S&P 500 Futures Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus any index gain, capped at par plus 24%.
If the index falls by up to 24%, the payout will be par plus the absolute value of the index return.
Otherwise, investors will lose 1% for every 1% decline beyond 24%.
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: | Buffered index-linked notes
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Underlying index: | S&P 500 Futures Excess Return
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Amount: | $250,000
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Maturity: | Jan. 2, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain, capped at par plus 24%; if index falls by up to 24%, par plus absolute value of index return; 1% loss for every 1% decline beyond 24%
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Initial index level: | 424.06
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Buffer level: | 75% of initial level
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Pricing date: | Dec. 28, 2023
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Settlement date: | Jan. 3, 2024
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 0.75%
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Cusip: | 40057XG82
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