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 4/5/2024 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $12.88 million market-linked notes linked to Euro Stoxx 50

New York, April 5 – GS Finance Corp. priced $12.88 million of 0% market-linked notes due April 5, 2029 linked to the Euro Stoxx 50 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 150% of the index return. Otherwise investors will receive par.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent. Morgan Stanley Wealth Management is acting as dealer.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Market-linked notes
Underlying index:Euro Stoxx 50 index
Amount:$12,877,000
Maturity:April 5, 2029
Coupon:0%
Price:100.00% of the principal amount
Payout at maturity:If index return is positive, par plus 150% of index return; minimum payout of par
Initial level:5,083.42
Upside leverage:150%
Cap:None
Pricing date:March 28
Settlement date:April 4
Agent:Goldman Sachs & Co. LLC
Dealer:Morgan Stanley Wealth Management
Fees:3.5%
Cusip:40057YQQ9

© 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.