Published on 4/22/2022 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $293,000 index-linked notes on Euro Stoxx 50
By Kiku Steinfeld
Chicago, April 22 – GS Finance Corp. priced $293,000 of 0% index-linked notes due Oct. 2, 2029 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus the index return, capped at $1,800 per $1,000 of notes.
Otherwise, the payout will be par.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
Issuer: | GS Finance Corp.
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Issue: | Index-linked notes
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Underlying index: | Euro Stoxx 50
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Amount: | $293,000
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Maturity: | Oct. 2, 2029
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If the index return is positive, par plus index return capped at $1,800 per $1,000 of notes; otherwise, par
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Initial index level: | 4,165.48
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Pricing date: | Sept. 27, 2021
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Settlement date: | Sept. 30, 2021
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Underwriter: | Goldman Sachs & Co. LLC
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Fees: | 3.5%
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Cusip: | 40057JDX1
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