Chicago, Feb. 17 – GS Finance Corp. priced $500,000 of 0% index-linked notes due May 7, 2024 linked to the performance of the S&P 500 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 the index is positive, the payout at maturity will be par plus the return of the index.
If the index declines but finishes above 79.25% of its initial level, the payout will be par.
Otherwise, investors will be fully exposed to the losses of the index.
Goldman Sachs & Co. LLC and JPMorgan are the agents.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Index-linked notes
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| Underlying index: | S&P 500 index
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| Amount: | $500,000
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| Maturity: | May 7, 2024
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the index return is positive, par plus the return; par if index declines but finishes above trigger buffer level; otherwise, full exposure to losses of index
|
| Initial level: | 4,131.93
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| Trigger buffer level: | 79.25% of initial level
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| Pricing date: | May 2, 2022
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| Settlement date: | May 5, 2022
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| Agent: | Goldman Sachs & Co. LLC and JPMorgan
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| Fees: | 1.5%
|
| Cusip: | 40057LY70
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