E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/16/2023 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $625,000 digital index-linked notes on S&P 500

Chicago, Oct. 16 – GS Finance Corp. priced $625,000 of 0% digital index-linked notes due Oct. 10, 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.

If the final index level is greater than or equal to the initial level, the payout at maturity will be $1,147.5 for each $1,000 note.

Otherwise, the payout will be par.

Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. are the agents.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Digital index-linked notes
Underlying index:S&P 500 index
Amount:$625,000
Maturity:Oct. 10, 2024
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to initial level, $1,147.5 for each $1,000 note; otherwise, par
Initial index level:3,744.52
Pricing date:Oct. 6, 2022
Settlement date:Oct. 12, 2022
Agents:Goldman Sachs & Co. LLC and Citigroup Global Markets Inc.
Fees:1.5%
Cusip:40057NDR5

© 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.