Chicago, May 26 – GS Finance Corp. priced $1.07 million of 0% market-linked securities – leveraged upside participation and fixed percentage buffered downside due Nov. 3, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus 1.35 times the index gain.
If the index falls by up to 20%, the payout will be par.
Investors will lose 1% for every 1% decline of the index beyond the 20% buffer.
Goldman Sachs & Co. LLC and Wells Fargo Securities are agents.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Market-linked securities – leveraged upside participation and fixed percentage buffered downside
|
| Underlying stock: | Euro Stoxx 50 index
|
| Amount: | $1,070,000
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| Maturity: | Nov. 3, 2026
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.35 times index gain; if index falls by up to buffer, par; otherwise, 1% loss for every 1% decline of index beyond buffer
|
| Initial share price: | 4,250.56
|
| Buffer level: | 80% of initial level
|
| Pricing date: | Oct. 29, 2021
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| Settlement date: | Nov. 3, 2021
|
| Agents: | Goldman Sachs & Co. LLC and Wells Fargo Securities
|
| Fees: | 4.37%
|
| Cusip: | 40057JPZ3
|
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