Published on 1/21/2022 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $946,000 principal-protected notes on Euro Stoxx 50
By Kiku Steinfeld
Chicago, Jan. 21 – GS Finance Corp. priced $946,000 of 0% index-linked notes due July 5, 2029 linked to the performance of 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 return of the index is positive, the payout at maturity will be par plus the index gain, subject to a maximum payout of $2,000 per $1,000 principal amount of notes.
Otherwise, investors will receive par.
Goldman Sachs & Co. LLC is the agent.
Issuer: | GS Finance Corp.
|
Guarantor: | Goldman Sachs Group, Inc.
|
Issue: | Index-linked notes
|
Underlying index: | Euro Stoxx 50 index
|
Amount: | $946,000
|
Maturity: | July 5, 2029
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If the index return is positive, par plus the index return, subject to a maximum return of 100%; otherwise, par
|
Initial level: | 4,284.83
|
Pricing date: | Dec. 29
|
Settlement date: | Dec. 31
|
Agent: | Goldman Sachs & Co. LLC
|
Fees: | 3.5%
|
Cusip: | 40057KC27
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.