By Wendy Van Sickle
Columbus, Ohio, Sept. 16 – GS Finance Corp. priced $966,000 of 0% autocallable index-linked notes due July 10, 2031 tied to the GS Momentum Builder Multi-Asset 5S ER 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 an annualized 5% call premium if the index closes at or above its call level, 102% of initial level, on the annual call observation date. Call level increases by 2% per year.
If the notes are not called and the index finishes above its initial level, the payout at maturity will be par plus the index return.
If the index finishes flat or declines, investors will receive par.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Autocallable index-linked notes
|
| Underlying index: | GS Momentum Builder Multi-Asset 5S ER index
|
| Amount: | $966,000
|
| Maturity: | July 10, 2031
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index finishes at or above its initial level, par plus the index return; if the index finishes flat or declines, par
|
| Call: | At par plus an annualized 5% call premium if index closes at or above call level on any annual call observation date; call level starts at 102% of initial and increases by 2% per year
|
| Initial level: | 113.88
|
| Pricing date: | June 25
|
| Settlement date: | June 30
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 3.5%
|
| Cusip: | 40057HGN4
|
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