![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Goldman Sachs Group Inc | NYSE:GS-K | NYSE | Preference Share |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 25.03 | 0 | 01:00:00 |
Free Writing Prospectus pursuant to Rule 433 dated March 11, 2024 / Registration Statement No. 333-269296
STRUCTURED INVESTMENTS
Opportunities in U.S. Equities
|
GS Finance Corp. |
Contingent Income Callable Securities Based on the Value of the S&P 500® Index due March 30, 2034 |
The Contingent Income Callable Securities are unsecured notes issued by GS Finance Corp. and guaranteed by The Goldman Sachs Group, Inc. You should read the accompanying preliminary pricing supplement dated March 8, 2024, which we refer to herein as the accompanying preliminary pricing supplement, to better understand the terms and risks of your investment, including the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. |
|
December 28, 2026 |
January 4, 2027 |
||
|
March 25, 2027 |
March 31, 2027 |
|||
|
June 25, 2027 |
June 30, 2027 |
|||
|
September 27, 2027 |
September 30, 2027 |
|||
|
December 27, 2027 |
December 30, 2027 |
|||
|
March 27, 2028 |
March 30, 2028 |
|||
KEY TERMS |
|
June 26, 2028 |
June 29, 2028 |
||
Issuer / Guarantor: |
GS Finance Corp. / The Goldman Sachs Group, Inc. |
|
September 25, 2028 |
September 28, 2028 |
|
Underlying index: |
S&P 500® Index (Bloomberg Symbol “SPX Index”) |
|
December 26, 2028 |
January 2, 2029 |
|
Pricing date: |
expected to price on or about March 25, 2024 |
|
March 26, 2029 |
March 29, 2029 |
|
Original issue date: |
expected to be March 28, 2024 |
|
June 25, 2029 |
June 28, 2029 |
|
Coupon observation dates: |
as set forth under “Coupon observation dates” below |
|
September 25, 2029 |
September 28, 2029 |
|
Coupon payment dates: |
as set forth under “Coupon payment dates” below |
|
December 26, 2029 |
January 2, 2030 |
|
Valuation date: |
the last coupon observation date, expected to be March 27, 2034 |
|
March 25, 2030 |
March 28, 2030 |
|
Stated maturity date: |
expected to be March 30, 2034 |
|
June 25, 2030 |
June 28, 2030 |
|
Early redemption right: |
we have the right to redeem your securities at our discretion, in whole but not in part, at a price equal to 100% of the principal amount plus any coupon then due, on each coupon payment date commencing with the coupon payment date expected to occur on September 30, 2024 and ending with the coupon payment date expected to occur on January 3, 2034. If we elect to exercise our redemption right, we will deliver a notice of redemption on or prior to the coupon observation date immediately preceding the applicable coupon payment date (as such coupon observation date may be postponed as provided herein). No payments will be made after the securities have been redeemed. |
|
September 25, 2030 |
September 30, 2030 |
|
|
December 26, 2030 |
January 2, 2031 |
|||
|
March 25, 2031 |
March 28, 2031 |
|||
|
June 25, 2031 |
June 30, 2031 |
|||
|
September 25, 2031 |
September 30, 2031 |
|||
|
December 26, 2031 |
January 2, 2032 |
|||
|
March 25, 2032 |
March 31, 2032 |
|||
|
June 25, 2032 |
June 30, 2032 |
|||
|
September 27, 2032 |
September 30, 2032 |
|||
|
December 27, 2032 |
December 30, 2032 |
|||
Payment at maturity: |
if the final index value is greater than or equal to the downside threshold level, $1,000 plus the final coupon; or if the final index value is less than the downside threshold level, $1,000 × the index performance factor This amount will be less than the stated principal amount of $1,000, will represent a loss of more than 25.00% and could be zero. |
|
March 25, 2033 |
March 30, 2033 |
|
|
June 27, 2033 |
June 30, 2033 |
|||
|
September 26, 2033 |
September 29, 2033 |
|||
|
December 27, 2033 |
January 3, 2034 |
|||
|
March 27, 2034 (valuation date) |
March 30, 2034 (stated maturity date) |
|||
|
Hypothetical Payment Amount At Maturity |
||||
Initial index value: |
the index closing value on the pricing date |
|
The Securities Have Not Been Redeemed |
||
Final index value: |
the index closing value on the valuation date |
|
Hypothetical Final Index Value |
Hypothetical Final Index Value |
|
Downside threshold level: |
75.00% of the initial index value |
|
(as Percentage of Initial Index Value) |
(as Percentage of Initial Index Value) |
|
Contingent quarterly coupon (set on the pricing date): |
• if the index closing value on the applicable coupon observation date is greater than or equal to the downside threshold level, at least $18.75 per security; or • if the index closing value on the applicable coupon observation date is less than the downside threshold level, $0.00 |
|
150.000% |
100.000%* |
|
|
125.000% |
100.000%* |
|||
|
110.000% |
100.000%* |
|||
|
105.000% |
100.000%* |
|||
|
100.000% |
100.000%* |
|||
|
95.000% |
100.000%* |
|||
Index performance factor: |
the final index value / the initial index value |
|
90.000% |
100.000%* |
|
CUSIP / ISIN: |
40057YPM9 / US40057YPM92 |
|
85.000% |
100.000%* |
|
Estimated value range: |
$900 to $960 (which is less than the original issue price; see the accompanying preliminary pricing supplement) |
|
75.000% |
100.000%* |
|
|
74.999% |
74.999% |
|||
|
|
|
30.000% |
30.000% |
|
Coupon observation dates |
Coupon payment dates |
|
25.000% |
25.000% |
|
June 25, 2024 |
June 28, 2024 |
|
0.000% |
0.000% |
|
September 25, 2024 |
September 30, 2024 |
|
*Does not include the final coupon |
|
|
December 26, 2024 |
January 2, 2025 |
|
|
|
|
March 25, 2025 |
March 28, 2025 |
|
|
|
|
June 25, 2025 |
June 30, 2025 |
|
|
|
|
September 25, 2025 |
September 30, 2025 |
|
|
|
|
December 26, 2025 |
January 2, 2026 |
|
|
|
|
March 25, 2026 |
March 30, 2026 |
|
|
|
|
June 25, 2026 |
June 30, 2026 |
|
|
|
|
September 25, 2026 |
September 30, 2026 |
|
|
|
About Your Securities |
The amount that you will be paid on your securities is based on the performance of the S&P 500® Index.
We may redeem your securities at our discretion at 100% of their principal amount plus any coupon then due on any coupon payment date on or after September 30, 2024 up to the coupon payment date on January 3, 2034.
Unless previously redeemed, on each coupon observation date (i) if the index closing value is less than the downside threshold level, you will not receive a payment on the applicable coupon payment date and (ii) if the index closing value is greater than or equal to the downside threshold level, you will receive on the applicable coupon payment date a payment of at least $18.75 (set on the pricing date) for each $1,000 principal amount of your securities.
At maturity, if not previously redeemed, (i) if the final index value on the valuation date is greater than or equal to the downside threshold level you will receive the principal amount of your securities plus the coupon then due and (ii) if the final index is less than the downside threshold level, you will not receive a coupon payment and the payment at maturity will be based on the index performance factor (the quotient of the final index value divided by the initial index value). Investors will not participate in any appreciation of the underlying index.
The securities are for investors who seek to earn a coupon at an above current market rate in exchange for the risk of receiving few or no quarterly coupons and losing a significant portion of the principal amount of their securities.
GS Finance Corp. and The Goldman Sachs Group, Inc. have filed a registration statement (including a prospectus, as supplemented by the prospectus supplement, underlier supplement no. 38, general terms supplement no. 8,999 and preliminary pricing supplement listed below) with the Securities and Exchange Commission (SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus, prospectus supplement, underlier supplement no. 38, general terms supplement no. 8,999 and preliminary pricing supplement and any other documents relating to this offering that GS Finance Corp. and The Goldman Sachs Group, Inc. have filed with the SEC for more complete information about us and this offering. You may get these documents without cost by visiting EDGAR on the SEC web site at sec.gov. Alternatively, we will arrange to send you the prospectus, prospectus supplement, underlier supplement no. 38, general terms supplement no. 8,999 and preliminary pricing supplement if you so request by calling (212) 357-4612.
The securities are notes that are part of the Medium-Term Notes, Series F program of GS Finance Corp. and are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. This document should be read in conjunction with the following:
This document does not provide all of the information that an investor should consider prior to making an investment decision. You should not invest in the securities without reading the accompanying preliminary pricing supplement and related documents for a more detailed description of the underlying index (including historical index closing values), the terms of the securities and certain risks.
RISK FACTORS |
An investment in the securities is subject to risks. Many of the risks are described in the accompanying preliminary pricing supplement, accompanying general terms supplement no. 8,999, accompanying underlier supplement no. 38, accompanying prospectus supplement and accompanying prospectus. Below we have provided a list of certain risk factors discussed in such documents. In addition to the below, you should read in full “Risk Factors” in the accompanying preliminary pricing supplement, “Additional Risk Factors Specific to the Notes” in the accompanying general terms supplement no. 8,999, “Additional Risk Factors Specific to the Securities” in the accompanying underlier supplement no. 38, as well as the risks and considerations described in the accompanying prospectus supplement and accompanying prospectus. Your securities are a riskier investment than ordinary debt securities. Also, your securities are not equivalent to investing directly in the underlying index stocks, i.e., the stocks comprising the underlying index to which your securities are linked. You should carefully consider whether the offered securities are appropriate given your particular circumstances.
The following risk factors are discussed in greater detail in the accompanying preliminary pricing supplement:
Risks Related to Structure, Valuation and Secondary Market Sales
Risks Related to the Conflicts of Interest
Additional Risks Related to the Underlying Index
This document does not provide all of the information that an investor should consider prior to making an investment decision. You should not invest in the securities without reading the accompanying preliminary pricing supplement and related documents for a more detailed description of the underlying index (including historical index closing values), the terms of the securities and certain risks.
Risks Related to Tax
The following risk factors are discussed in greater detail in the accompanying general terms supplement no. 8,999:
Risks Related to Structure, Valuation and Secondary Market Sales
Risks Related to Conflicts of Interest
Risks Related to Tax
The following risk factor is discussed in greater detail in the accompanying underlier supplement no. 38:
Risks Relating to Securities Linked to Underliers
The following risk factors are discussed in greater detail in the accompanying prospectus supplement:
This document does not provide all of the information that an investor should consider prior to making an investment decision. You should not invest in the securities without reading the accompanying preliminary pricing supplement and related documents for a more detailed description of the underlying index (including historical index closing values), the terms of the securities and certain risks.
The following risk factors are discussed in greater detail in the accompanying prospectus:
For details about the license agreement between the underlying index sponsor and the issuer, see “The Underliers – S&P 500® Index” on page S-116 of the accompanying underlier supplement no. 38.
TAX CONSIDERATIONS |
You should review carefully the discussion in the accompanying preliminary pricing supplement under the caption “Supplemental Discussion of U.S. Federal Income Tax Consequences” concerning the U.S. federal income tax consequences of an investment in the securities, and you should consult your tax advisor.
This document does not provide all of the information that an investor should consider prior to making an investment decision. You should not invest in the securities without reading the accompanying preliminary pricing supplement and related documents for a more detailed description of the underlying index (including historical index closing values), the terms of the securities and certain risks.
1 Year Goldman Sachs Chart |
1 Month Goldman Sachs Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions