By Sarah Lizee
Olympia, Wash., Dec. 31 – GS Finance Corp. priced $4.36 million of 0% autocallable notes due Jan. 8, 2027 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be called at par plus an annual call premium of 5% if the index closes at or above the applicable call level on any annual call date.
The call level will be 102.5% of the initial level for the first call observation date, stepping up by 250 basis points on each subsequent call review date to a final call level of 115% of the initial level on Dec. 23, 2025.
The payout at maturity will be par plus 1.75 times any index gain.
If the index falls or remains flat, the payout will be par.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC 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 5S ER index
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| Amount: | $4.36 million
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| Maturity: | Jan. 8, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.75 times any index gain; par if index is flat or falls
|
| Call: | At par plus an annual call premium of 5% if index closes at or above its call level on any annual review date
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| Initial level: | 110.04
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| Call level: | 102.5% of the initial level on the first call review date, stepping up by 250 bps on each subsequent annual call review date to a final call level of 115% of the initial level on Dec. 23, 2025
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| Pricing date: | Dec. 23
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| Settlement date: | Dec. 27
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 4.58%
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| Cusip: | 40056XSK3
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