By Sarah Lizee
Olympia, Wash., Jan. 6 – GS Finance Corp. priced $1.71 million of notes due Dec. 29, 2022 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
Through December 2022, the notes will pay a coupon of 1.6% per year. No coupon will be paid after that.
If the final index level is greater than 104.8% of the initial index level, the payout will be par plus the index return minus 4.8%.
If the index return is equal to or less than 104.8% of the initial index level, the payout will be par.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | GS Momentum Builder Multi-Asset 5 ER index
|
| Amount: | $1,711,000
|
| Maturity: | Dec. 29, 2022
|
| Coupon: | Through December 2022, the notes will pay a coupon of 1.6% per year; no coupon will be paid after that
|
| Price: | Par
|
| Payout at maturity: | If the final index level is greater than 104.8% of the initial index level, par plus the index return minus 4.8%; if the index return is equal to or less than 104.8% of the initial index level, par
|
| Initial index level: | 110.44
|
| Pricing date: | Dec. 26
|
| Settlement date: | Dec. 31
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 0.75%
|
| Cusip: | 40056XWG7
|
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