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Published on 3/23/2021 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $6.94 million digital index-linked notes on Euro Stoxx

By Taylor Fox

New York, March 23 – GS Finance Corp. priced $6.94 million of 0% digital index-linked notes due March 13, 2024 linked to 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.

If the index finishes at or above its initial level, the payout will be the greater of the $1,343 threshold settlement amount and par plus the index return.

Otherwise, the payout will be par plus the index return with full exposure to the decline.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Digital index-linked notes
Underlying index:Euro Stoxx 50 index
Amount:$6,941,000
Maturity:March 13, 2024
Coupon:0%
Price:Par
Payout at maturity:If the index finishes at or above its initial level, the greater of $1,343 and par plus the index gain; full exposure to the index decline
Initial index level:3,819.92
Pricing date:March 10
Settlement date:March 17
Underwriter:Goldman Sachs & Co. LLC
Fees:2.125%
Cusip:40057FJG0

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