By Kiku Steinfeld
Chicago, Feb. 8 – GS Finance Corp. priced $554,000 of 0% autocallable index-linked notes due Feb. 10, 2031 tied to the BlackRock Dynamic Factor 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 5% a year if the index closes at or above its call level on any annual call date. The call level will be 102.5% of the initial level on the first call date and will step up by 250 basis points a year.
The payout at maturity will be par plus any gain in the index. Otherwise, the payout will be par.
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 index-linked notes
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| Underlying index: | BlackRock Dynamic Factor index
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| Amount: | $554,000
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| Maturity: | Feb. 10, 2031
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| Coupon: | 0%
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| Price: | Par of $1,000
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| Call: | At par plus 5% a year if index closes at or above call level on any annual call date
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| Call level: | 102.5% of initial level on first call date; steps up by 250 bps a year
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| Payout at maturity: | Par plus any index gain; otherwise, par
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| Initial level: | 1,052.25
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| Pricing date: | Jan. 26
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| Settlement date: | Jan. 29
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 3.45%
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| Cusip: | 40057F2X1
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