New Issue: GS Finance prices $300,000 buffered digital equity-linked notes on Tesla

Chicago, April 27 – GS Finance Corp. priced $300,000 of 0% buffered digital equity-linked notes due July 26, 2023 linked to the stock performance of Tesla, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the stock finishes at or above buffer level, 75% of initial level, the payout at maturity will be par plus 32.06%.

Otherwise, investors will lose 1.3333% for every 1% that the stock declines below the 25% buffer.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered digital equity-linked notes
Underlying stock:	Tesla, Inc.
Amount:	$300,000
Maturity:	July 26, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If the stock finishes at or above buffer level, par plus 32.06%; otherwise, 1.3333% loss for every 1% of stock decline below the buffer
Initial stock level:	$707.73
Buffer level:	75% of initial level
Pricing date:	May 26, 2022
Settlement date:	June 3, 2022
Agent:	Goldman Sachs & Co. LLC
Fees:	0.82%
Cusip:	40057M5P0

© 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.