Chicago, June 15 – GS Finance Corp. priced $549,000 of 0% index-linked notes due June 4, 2026 linked to the performance of the S&P 500 Daily Risk Control 5% USD Excess Return 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 the index is zero or positive, the payout at maturity will be par plus 200% of the index return.
Otherwise, the payout at maturity will be par plus the absolute value of the index return.
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 index: | S&P 500 Daily Risk Control 5% USD Excess Return index
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Amount: | $549,000
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Maturity: | June 4, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If the index finishes flat or gains, par plus 200% of index return; otherwise, gain 1% for every 1% decline
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Initial level: | 160.38
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Pricing date: | May 31
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Settlement date: | June 5
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 0.5%
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Cusip: | 40057RQW1
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