Published on 5/19/2022 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $170,000 index-linked notes on Euro Stoxx 50
Chicago, May 19 – GS Finance Corp. priced $170,000 of 0% index-linked notes due Oct. 31, 2029 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus the index return, capped at $1,750 per $1,000 of notes.
Otherwise, the payout will be par.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Index-linked notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $170,000
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| Maturity: | Oct. 31, 2029
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index return is positive, par plus index return capped at $1,750 per $1,000 of notes; otherwise, par
|
| Initial index level: | 4,223.97
|
| Pricing date: | Oct. 26, 2021
|
| Settlement date: | Oct. 29, 2021
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 3.5%
|
| Cusip: | 40057JNT9
|
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