By Sarah Lizee
Olympia, Wash., Aug. 17 – GS Finance Corp. priced $4.63 million of 0% autocallable index-linked notes due Aug. 10, 2022 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 a 9.5% premium if the index closes at or above its initial level on the Aug. 16, 2021 observation date.
If the notes are not called and the index finishes above its initial level the payout will be par plus 4 times the index return.
Otherwise, investors will be exposed to any index decline.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Autocallable index-linked notes
|
| Underlying index: | S&P 500 index
|
| Amount: | $4,625,000
|
| Maturity: | Aug. 10, 2022
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the notes are not called and the index finishes above its initial level, par plus 4 times the index return; otherwise, investors will be exposed to any index decline
|
| Call: | At par plus 9.5% if index closes at or above initial level on the Aug. 16, 2021 observation date
|
| Initial level: | 3,351.28
|
| Pricing date: | Aug. 7
|
| Settlement date: | Aug. 14
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 1.45%
|
| Cusip: | 40057CMR9
|
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