By Kiku Steinfeld
Chicago, Jan. 17 – GS Finance Corp. priced $4.87 million of 0% autocallable underlier-linked notes due May 26, 2023 linked to the Nasdaq-100 index and the iShares MSCI EAFE ETF, according to a 424B2 with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The notes will be automatically called at par plus 10.5% annualized call premium if the lesser-performing underlier closes at or above its initial level on any semiannual observation date.
If the lesser-performing underlier finishes at or above its initial level, the payout at maturity will be par plus 15.75%.
If the worst performer falls by up to 20%, the payout will be par. Otherwise, investors will lose 1.25% for each 1% that the lesser-performing underlier declines beyond 20%.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Autocallable underlier-linked notes
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| Underlying assets: | Nasdaq-100 index, iShares MSCI EAFE ETF
|
| Amount: | $4,869,000
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| Maturity: | May 26, 2023
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the lesser-performing underlier finishes at or above initial level, par plus 15.75%; if the worst performer declines by no more than 20%, par; otherwise, investors will lose 1.25% for each 1% that the lesser-performing underlier declines beyond 20%
|
| Call: | Automatically at par plus 10.5% annualized premium if lesser-performing underlier closes at or above initial level on any semiannual observation date
|
| Initial levels: | 16,306.72 for index, $79.79 for fund
|
| Trigger buffer levels: | 80% of initial levels
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| Pricing date: | Nov. 24
|
| Settlement date: | Nov. 30
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 0.2%
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| Cusip: | 40057KC92
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