Chicago, May 17 – GS Finance Corp. priced $767,000 of 0% buffered index-linked notes due June 25, 2027 based on the performance of 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.
If the index falls by up to 23.6%, the payout will be par.
Otherwise, investors will lose 1% for every 1% decline beyond 23.6%.
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: | Buffered index-linked notes
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Underlying index: | S&P 500 index
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Amount: | $767,000
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Maturity: | June 25, 2027
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain; if index falls by up to 23.6%, par; 1% loss for every 1% decline beyond 23.6%
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Initial index level: | 3,759.89
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Buffer level: | 76.4% of initial level
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Pricing date: | June 22, 2022
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Settlement date: | June 27, 2022
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 4.125%
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Cusip: | 40057MGK9
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