Chicago, June 22 – GS Finance Corp. priced $528,000 of 0% autocallable index-linked notes due Dec. 24, 2026 tied to the Nasdaq-100 index, the Dow Jones U.S. Select Dividend index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If each index closes at or above its initial level on a quarterly call observation date after one year, the notes will be called at par plus an 8.25% call premium amount.
If the notes are not called and each index finishes at or above its initial level, the payout will be par plus the 41.25% maturity date premium.
If the worst performer declines but finishes at or above 70% of its initial level, the payout will be par.
If any index falls by more than 30%, investors will be exposed to the decline of the worst performing index from its initial level.
The notes are guaranteed by Goldman Sachs Group, Inc.
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 indexes: | Nasdaq-100 index, Dow Jones U.S. Select Dividend index and Russell 2000 index
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| Amount: | $528,000
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| Maturity: | Dec. 24, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 41.25% maturity date premium if all indexes finish at or above initial levels; par if worst performer declines but finishes above 70% of initial level; otherwise, investors will be fully exposed to the decline of the worst performing index from its initial level
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| Call: | Automatically at par plus 8.25% annual premium if all indexes finish above initial levels on quarterly call observation dates starting after one year
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| Initial index levels: | 852.23 for Dow, 2,173.931 for Russell, 15,801.46 for Nasdaq
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| Trigger buffer levels: | 70% of initial levels
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| Pricing date: | Dec. 17, 2021
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| Settlement date: | Dec. 22, 2021
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 4.375%
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| Cusip: | 40057KHZ9
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