GS Finance plans to price 0% digital index-linked notes on Nasdaq-100

By Emma Trincal

New York, Jan. 18 – GS Finance Corp. plans to price 0% digital index-linked notes due Feb. 24, 2023 linked to the Nasdaq-100 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 price, the payout at maturity will be par plus 14.25%.

If the index finishes negative but at or above its 80% barrier level, the payout at maturity will be par Otherwise, investors will lose 1% for every 1% decline from the index’s initial level.

Goldman Sachs & Co. LLC is the agent.

The notes are expected to price on Jan. 21 and settle on Jan. 26.

The Cusip number is 40057KSS3.

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