Published on 10/25/2023 in the Prospect News Structured Products Daily.
New Issue: GS Finance prices $479,000 index-linked notes linked to S&P 500
By Angela McDaniels
Tacoma, Wash., Oct. 25 – GS Finance Corp. priced $479,000 of 0% index-linked notes due Nov. 4, 2027 linked to the S&P 500 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 97% of the index return. If the index return is zero or negative, the payout will be par.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
Issuer: | GS Finance Corp.
|
Guarantor: | Goldman Sachs Group, Inc.
|
Issue: | Index-linked notes
|
Underlying index: | S&P 500 index
|
Amount: | $479,000
|
Maturity: | Nov. 4, 2027
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If index return is positive, par plus 97% of index return; if index return is zero or negative, par
|
Initial level: | 3,871.98
|
Pricing date: | Oct. 31, 2022
|
Settlement date: | Nov. 3, 2022
|
Underwriter: | Goldman Sachs & Co. LLC
|
Fees: | 0.75%
|
Cusip: | 40057NF77
|
|
© 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.