By Kiku Steinfeld
Chicago, Sept. 6 – GS Finance Corp. priced $1 million of 0% autocallable index-linked notes due Jan. 29, 2025 tied 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.
The notes will be called at par plus a 12.1% yearly call premium if the index closes at or above its initial level on Feb. 6, 2023 or Jan. 29, 2024.
If the notes are not called, the payout at maturity will be par plus 2times the index return if the index finishes at or above its initial level.
If the index declines by up to 20%, the payout will be par; otherwise, investors will be fully exposed to the decline of the index from its initial level.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Autocallable index-linked notes
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| Underlying index: | Nasdaq-100 index
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| Amount: | $1 million
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| Maturity: | Jan. 29, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the index finishes at or above its initial level, par plus 2 times the index return; if the index declines by up to 20%, par; otherwise, full exposure to the decline of the index from its initial level
|
| Call: | At par plus a 12.1% yearly call premium if index closes at or above initial level on Feb. 6, 2023 or Jan. 29, 2024
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| Initial level: | 14,149.12
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| Barrier level: | 80% of initial level
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| Pricing date: | Jan. 25, 2022
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| Settlement date: | Feb. 1, 2022
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 2.25%
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| Cusip: | 40057KUQ4
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