Chicago, April 12 – GS Finance Corp. priced $5.27 million of 0% autocallable buffered index-linked notes due Jan. 23, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be automatically called at par plus 9.84% if the index closes at or above 90% of the initial index level on Jan. 28, 2025.
If the notes are not called and the index return is positive or zero, the payout at maturity will be par plus 1.5 times the index return.
If the index return is negative but not below negative 10%, the payout will be par.
If the index return is below negative 15%, investors will lose 1% for every 1% that the index declines beyond 10%.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Autocallable buffered index-linked notes
|
| Underlying index: | S&P 500 index
|
| Amount: | $5,268,000
|
| Maturity: | Jan. 23, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive or zero, par plus 1.5 times index return; if index return is negative but not below negative 10%, par; otherwise, 1% loss for every 1% that index declines beyond 10%
|
| Call: | Automatically at par plus 9.84% if index closes at or above 90% of initial index level on Jan. 28, 2025
|
| Initial level: | 4,780.94
|
| Buffer level: | 90% of initial level
|
| Pricing date: | Jan. 18
|
| Settlement date: | Jan. 23
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 0%
|
| Cusip: | 40057XVB8
|
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