By Wendy Van Sickle
Columbus, Ohio, June 21 – GS Finance Corp. priced $11.77 million of 0% autocallable market-linked notes due June 18, 2027 linked to 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.
The notes will be automatically called at par plus an early redemption premium of 15.72% if the index closes at or above its initial level on June 21, 2024.
If the notes have not been called, the payout at maturity will be par plus any index gain. If the index finishes flat or falls, the payout will be par.
Goldman Sachs & Co. LLC is the agent with UBS Financial Services Inc. as selling agent.
Issuer: | GS Finance Corp.
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Guarantor | Goldman Sachs Group, Inc.
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Issue: | Autocallable market-linked notes
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Underlying index: | S&P 500
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Amount: | $11,769,000
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Maturity: | June 18, 2027
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain; par if index declines
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Call: | Par plus 15.72% if index closes at or above initial level on June 21, 2024
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Initial level: | 3,789.99
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Pricing date: | June 15
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Settlement date: | June 21
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Agent: | Goldman Sachs & Co. LLC with UBS Financial Services Inc. as selling agent
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Fees: | 2.5%
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Cusip: | 40057MCV9
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