By Wendy Van Sickle
Columbus, Ohio, Nov. 3 – GS Finance Corp. priced $3.25 million of 0% autocallable index-linked notes due Oct. 30, 2028 tied to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be called at par plus 12% if the index closes above its initial level on Oct. 31, 2024.
The payout at maturity will be par plus 1.6131 times any index gain.
Otherwise, investors will be exposed to any losses.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Autocallable index-linked notes
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| Underlying index: | Nasdaq-100 index
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| Amount: | $3.25 million
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| Maturity: | Oct. 30, 2028
|
| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.6131 times any index gain; otherwise full exposure to losses
|
| Call: | Automatically at par plus 12% if index closes above initial level on Oct. 31, 2024
|
| Initial level: | 14,335.51
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| Pricing date: | Oct. 30
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| Settlement date: | Oct. 31
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 3.75%
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| Cusip: | 40057WU70
|
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