New Issue: GS Finance prices $702,000 notes linked to S&P 500, Russell 2000

By Angela McDaniels

Tacoma, Wash., Nov. 16 – GS Finance Corp. priced $702,000 of 0% index-linked notes due Nov. 5, 2025 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of each index is positive or zero, the payout at maturity will be $1,275 per $1,000 principal amount of notes. If the return of either index is 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 indexes:	S&P 500 index and Russell 2000 index
Amount:	$702,000
Maturity:	Nov. 5, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If return of each index is positive or zero, $1,275 per $1,000 principal amount of notes; if return of either index is negative, par
Initial levels:	3,871.98 for S&P and 1,846.863 for Russell
Pricing date:	Oct. 31, 2022
Settlement date:	Nov. 3, 2022
Underwriter:	Goldman Sachs & Co. LLC
Fees:	0.75%
Cusip:	40057NGG6

© 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.