New York, Jan. 31 – GS Finance Corp. priced $4.52 million of 0% Buffered PLUS due July 22, 2026 linked to the Invesco S&P 500 Equal Weight ETF, according to a 424B2 filing with the Securities and Exchange Commission.
If the return of the ETF is positive, the payout at maturity will be par plus 200% of the ETF return, subject to a maximum return of par plus 24.7%.
Investors will receive par if the ETF declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent. Morgan Stanley Wealth Management is the dealer.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Buffered PLUS
|
| Underlying fund: | Invesco S&P 500 Equal Weight ETF
|
| Amount: | $4,521,000
|
| Maturity: | July 22, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If ETF gains, par plus 200% of ETF return, subject to a maximum return of par plus 24.7%; par if ETF declines by 10% or less; otherwise, 1% loss for every 1% that ETF declines beyond 10%
|
| Initial level: | $153.84
|
| Buffer: | 10%
|
| Upside leverage: | 200%
|
| Cap: | 24.7%
|
| Pricing date: | Jan. 17
|
| Settlement date: | Jan. 22
|
| Agent: | Goldman Sachs & Co. LLC
|
| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 3.00%
|
| Cusip: | 40057XVD4
|
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