New Issue: GS Finance sells $842,000 capped upside participation market linked notes on S&P

By Kiku Steinfeld

Chicago, March 6 – GS Finance Corp. priced $842,000 of 0% market linked notes –upside participation to a cap and principal return at maturity due Nov. 29, 2024 linked to the S&P 500 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 any index gain, capped at $1,146 per security.

If the index falls, the payout will be par.

Goldman Sachs & Co. LLC and Wells Fargo Securities are agents.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Market linked notes –upside participation to a cap and principal return
Underlying:	S&P 500 index
Amount:	$842,000
Maturity:	Nov. 29, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at $1,146 per security; otherwise, par
Initial share price:	4,003.58
Pricing date:	Nov. 22, 2022
Settlement date:	Nov. 28, 2022
Agents:	Goldman Sachs & Co. LLC and Wells Fargo Securities
Fees:	2.85%
Cusip:	40057NYQ4

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.