Chicago, Feb. 6 – GS Finance Corp. priced $75,000 of 0% underlier-linked notes due Jan. 31, 2025 linked to the iShares MSCI Emerging Markets exchange-traded fund and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the return of each underlier is greater than or equal to its initial level, the payout at maturity will be par plus 1.4 times the return of the lesser performing asset.
If either asset falls by up to 25%, the payout will be par
Otherwise, investors will lose 1% for every 1% decline of the lesser performing asset beyond 25%.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Underlier-linked notes
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| Underliers: | iShares MSCI Emerging Markets ETF and Euro Stoxx 50 index
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| Amount: | $75,000
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| Maturity: | Jan. 31, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the return of each underlier is greater than or equal to its initial level, par plus 1.4 times the return of the lesser performing asset; if either asset falls by up to 25%, par; 1% loss for every 1% decline of the lesser performing asset beyond 25%
|
| Initial levels: | Lowest of closing levels on any observation date, the 28th of each month from the trade to June 16 with June 16 as the final observation date
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| Buffer levels: | 75% of initial levels
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| Pricing date: | Jan. 28
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| Settlement date: | Jan. 31
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| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 4.3%
|
| Cusip: | 40056XYN0
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