Published on 12/8/2023 in the Prospect News Structured Products Daily.
New Issue: GS Finance prices $4.08 million index-linked notes tied to S&P, Russell
By William Gullotti
Buffalo, N.Y., Dec. 8 – GS Finance Corp. priced $4.08 million of 0% index-linked notes due Dec. 3, 2026 linked to the performance of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the return of each index is zero or positive, the payout at maturity will be par plus 30%.
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: | Index-linked notes
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| Underlying indexes: | Russell 2000 index, S&P 500 index
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| Amount: | $4.08 million
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| Maturity: | Dec. 3, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the return of each index is zero or positive, par plus 30%; otherwise, par
|
| Initial levels: | 1,809.02 for Russell, 4,567.8 for S&P
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| Pricing date: | Nov. 30
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| Settlement date: | Dec. 5
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 0.75%
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| Cusip: | 40057X2D6
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