Chicago, June 13 – GS Finance Corp. priced $630,000 of 0% underlier-linked notes due June 4, 2024 linked to the iShares MSCI EAFE ETF and 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.
The payout at maturity will be par plus 1.3 times any gain of the lesser-performing asset.
If the lesser-performing asset falls by up to 15%, the payout will be par.
If either underlier falls by more than 15%, investors will lose 1% for every 1% decline of the lesser performing underlier beyond the 15% buffer.
Goldman, Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Underlier-linked notes
|
| Underlying assets: | iShares MSCI EAFE ETF and the Euro Stoxx 50 index
|
| Amount: | $630,000
|
| Maturity: | June 4, 2024
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.3 times any gain of lesser-performing underlier; par if lesser-performing underlier falls by up to 15%; exposure to loss of lesser-performing underlier if it falls by more than 15%
|
| Initial levels: | 4,063.06 for index and $76.84 for ETF
|
| Barrier levels: | 85% of initial levels
|
| Pricing date: | Nov. 30, 2021
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| Settlement date: | Dec. 3, 2021
|
| Underwriter: | Goldman, Sachs & Co. LLC
|
| Fees: | 1.25%
|
| Cusip: | 40057JYC4
|
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