By Wendy Van Sickle
Columbus, Ohio, Jan. 5 – GS Finance Corp. priced $1.19 million of 0% autocallable index-linked notes due Dec. 24, 2027 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index closes at or above 95% of its initial level on Dec. 21, 2023, the notes will be called at par plus a 9.3% call premium.
If the notes are not called and the index finishes at or above its initial level, the payout will be par plus the return.
If the index declines or finishes flat, the payout will be par.
The notes are guaranteed by Goldman Sachs Group, Inc.
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: | S&P 500 index
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| Amount: | $1.19 million
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| Maturity: | Dec. 24, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the notes are not called and the index finishes at or above its initial level, par plus the return of index; otherwise, par
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| Call: | If the index closes at or above 95% of initial level on Dec. 21, 2023, notes will be called at par plus a 9.3% call premium
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| Initial index level: | 3,878.44
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| Pricing date: | Dec. 21
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| Settlement date: | Dec. 27
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 0%
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| Cusip: | 40057P6N7
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