By Susanna Moon
Chicago, Feb. 1 – GS Finance Corp. priced $189,000 of 0% autocallable notes due Feb. 9, 2022 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The notes will be called at par plus an annual call premium of 9% if the index closes at or above its call level on any annual call observation date.
The call level will be 103.25% of the initial level on the first call observation date, stepping up by 3.25% each year to 113% on the fourth call observation date.
The payout at maturity will be par plus any index gain.
If the index falls, the payout will be par.
Goldman Sachs & Co. is the agent.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Autocallable notes
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| Underlying index: | GS Momentum Builder Multi-Asset 5 ER index
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| Amount: | $189,000
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| Maturity: | Feb. 9, 2022
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus any index return, floor of par
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| Call: | At par plus a call premium of 9% per year if index closes at or above call level on any annual call observation date
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| Call levels: | 103.25% of initial index level on the first call observation date, 106.5% on the second call observation date, 109.75% on the third call observation date, 113% on the fourth call observation date
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| Initial level: | 99.34
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| Pricing date: | Jan. 26
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| Settlement date: | Jan. 31
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| Agent: | Goldman, Sachs & Co.
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| Fees: | 1.4%
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| Cusip: | 40054KT97
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