By Kiku Steinfeld
Chicago, June 13 – GS Finance Corp. priced $537,000 of 0% autocallable index-linked notes due Feb. 9, 2028 linked to the performance of the Goldman Sachs Momentum Builder Focus ER 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 18% if the index closes above its initial level on Jan. 26, 2024.
If the return of the index is positive, the payout at maturity will be par plus 3 times the index return.
Otherwise, investors will receive 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: | Goldman Sachs Momentum Builder Focus ER
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Amount: | $537,000
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Maturity: | Feb. 9, 2028
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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 3 times index return; otherwise, par
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Call: | At par plus 18% if index closes above initial level on Jan. 26, 2024
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Initial level: | 101.31
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Pricing date: | Jan. 26, 2023
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Settlement date: | Jan. 31, 2023
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 3.96%
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Cusip: | 40057PEC2
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