By Wendy Van Sickle
Columbus, Ohio, June 9 – GS Finance Corp. priced $62 million of 0% autocallable index-linked notes due June 6, 2024 tied to the FTSE 100 index, the Euro Stoxx 50 index and the MSCI Emerging Markets 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 20% premium if each index closes at or above its initial index level on June 16, 2022.
If the notes are not called and each index closes at or above its initial level, the payout at maturity will be par plus 3.12 times the least-performing index return.
Investors will be exposed to any losses of the least-performing index.
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: | Autocallable index-linked notes
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| Underlying indexes: | FTSE 100, Euro Stoxx 50 index, MSCI Emerging Markets
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| Amount: | $62 million
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| Maturity: | June 6, 2024
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If each index finishes at or above initial level, par plus 3.12 times the least-performing index return; full exposure to losses of least-performing index
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| Call: | At par plus 20% if each index closes at or above its initial level on June 16, 2022
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| Initial index levels: | 7,108.0 for FTSE 100, 4,088.5 for Euro Stoxx 50 and 1,388.47 for MSCI Emerging Markets
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| Pricing date: | June 2
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| Settlement date: | June 7
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 3.75%
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| Cusip: | 40057HJX9
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