Chicago, Jan. 24 – GS Finance Corp. priced $855,000 of 0% leveraged index-linked notes due April 27, 2028 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 1.52 times the index return.
If the index declines but not more than 40%, investors will receive par plus the absolute value of the index return.
Otherwise, investors will be fully exposed to the decline of the index from its initial level.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
Issuer: | GS Finance Corp.
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Guarantor: | Goldman Sachs Group, Inc.
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Issue: | Leveraged index-linked notes
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Underlying index: | Euro Stoxx 50 index
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Amount: | $855,000
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Maturity: | April 27, 2028
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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 1.52 times the index return; par plus absolute of index return if index declines but finishes above 60% of initial level; otherwise, investors will be fully exposed to the decline of the index from its initial level
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Initial index level: | 3,840.01
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Trigger buffer level: | 60% of initial level
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Pricing date: | April 22, 2022
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Settlement date: | April 27, 2022
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Underwriter: | Goldman Sachs & Co. LLC
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Fees: | 3.25%
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Cusip: | 40057LN72
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