By Taylor Fox
New York, Feb. 16 – GS Finance Corp. priced $1.83 million of 0% underlier-linked notes due Jan. 26, 2023 linked to the iShares MSCI Emerging Markets exchange-traded fund and the Euro Stoxx 50 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 2.04 times any gain of the lesser performing underlier.
If the return is less than or equal to 95%, the payout will be par.
If one or both underliers fall beyond 5%, investors will lose 1% for each 1% loss of the worst performer beyond the 5% buffer.
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: | Underlier-linked notes
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Underlying assets: | iShares MSCI Emerging Markets exchange-traded fund and Euro Stoxx 50 index
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Amount: | $1,833,000
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Maturity: | Jan. 26, 2023
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 2.04 times any gain of lesser performer; if the return is less than or equal to 95%, the payout will be par; 1% loss for each 1% decline beyond 5% buffer
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Initial levels: | $55.83 for ETF, 3,602.41 for index
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Buffer levels: | 95% of initial levels
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Pricing date: | Jan. 22
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Settlement date: | Jan. 27
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 0.95%
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Cusip: | 40057F5H3
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