By William Gullotti
Buffalo, N.Y., June 17 – GS Finance Corp. priced $4.5 million of 0% market-linked notes due June 15, 2026 linked to the Nasdaq-100 index, according to a 424B2 with the Securities and Exchange Commission.
The securities are guaranteed by Goldman Sachs Group, Inc.
If the final index level is greater than the initial index level, the payout at maturity will be par plus the index gain, subject to a maximum payout of par plus 34.4%.
If the index finishes flat or declines, investors will receive par.
Goldman Sachs & Co. LLC is the agent. Morgan Stanley Wealth Management is the distributor.
Issuer: | GS Finance Corp.
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Guarantor: | Goldman Sachs Group, Inc.
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Issue: | Market-linked notes
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Underlying index: | Nasdaq-100 index
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Amount: | $3,584,000
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Maturity: | June 15, 2026
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus any index gain capped at 34.4%; par if index finishes flat or falls
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Initial index level: | 11,832.82
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Pricing date: | June 10
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Settlement date: | June 15
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Agent: | Goldman Sachs & Co. LLC
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Distributor: | Morgan Stanley Wealth Management
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Fees: | 1.65%
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Cusip: | 36263Q678
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