Published on 4/22/2022 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $6,000 index-linked notes on S&P, Stoxx
Chicago, April 22 – GS Finance Corp. priced $6,000 of 0% index-linked notes due Oct. 2, 2028 linked to the lesser performing of the S&P 500 index and 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.
If the final level of each index is positive, the payout at maturity will be par plus the return of the lesser performing index, capped at 35%.
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: | S&P 500, Euro Stoxx 50
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| Amount: | $6,000
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| Maturity: | Oct. 2, 2028
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the final level of each index is positive, par plus the return of the lesser performing index, capped at 35%; otherwise, par
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| Initial index levels: | 4,443.11 for S&P, 4,165.48 for Stoxx
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| Pricing date: | Sept. 27, 2021
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| Settlement date: | Sept. 30, 2021
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| Underwriter: | Goldman Sachs & Co. LLC
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| Fees: | 4.6%
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| Cusip: | 40057JG91
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