GS Finance to price notes due 2023 tied to Nasdaq indexes

By Sarah Lizee

Olympia, Wash., May 15 – GS Finance Corp. plans to price 0% index-linked notes due Nov. 24, 2023 tied to the Nasdaq-100 Technology Sector index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If each index closes at or above its initial level, the payout will be par plus the return of the lesser performing index.

If either index declines by up to 15%, the payout will be par.

Otherwise, investors will be exposed to the losses of the worst performing index beyond 15%.

Goldman Sachs & Co. LLC is the agent.

The notes will price on May 19.

The Cusip number is 40057C3A7.

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