Published on 2/6/2024 in the Prospect News Structured Products Daily.
New Issue: GS Finance prices $5,000 index-linked notes on S&P 500
Chicago, Feb. 6 – GS Finance Corp. priced $5,000 of 0% index-linked notes due May 21, 2026 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.
Investors will receive par plus the index return if it ends positive, capped at par plus 27%.
Otherwise, investors will receive par.
Goldman Sachs & Co. LLC is the agent.
Issuer: | GS Finance Corp.
|
Guarantor: | Goldman Sachs Group, Inc.
|
Issue: | Index-linked notes
|
Underlying index: | S&P 500 index
|
Amount: | $5,000
|
Maturity: | May 21, 2026
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus index return capped at par plus 27%, if index finishes positive; otherwise, par
|
Initial index level: | 4,109.90
|
Pricing date: | May 16, 2023
|
Settlement date: | May 19, 2023
|
Agent: | Goldman Sachs & Co. LLC
|
Fees: | 0.25%
|
Cusip: | 40057RSK5
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.