11/10/2023 0 Comments G3zed 12![]() Pricing models used by Goldman Sachs & Co. The estimated value of your notes at the time the terms of your notes are set on the trade date (as determined by reference to The notes are not bank deposits and are not insured by the Federal Deposit InsuranceĬorporation or any other governmental agency, nor are they obligations of, or guaranteed by, a bank. Any representation to the contrary is a criminal offense. ![]() Neither the Securities and Exchange Commission nor any other regulatory body hasĪpproved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Supplemental plan of distribution conflicts of interest on page PS-7. *The original issue price will be % for certain investors see Summary Information Key Terms LLC would initially buy or sell your notes, if it makes a market in the notes, see the following page. For a discussion of the estimated value and the price at which Goldman Sachs & Co. The estimated value of your notes at the time the terms of your notes are set on the trade date is expected to be between $920Īnd $970 per $1,000 face amount. You should read the disclosure herein to better understand the terms and risks of your investment, including the credit risk of GS Finance Corp. You will receive less than the face amount of your notes. Plus (ii) the product of (a) the sum of the index return plus 25% times (b) $1,000. If the index return is negative and is below -25% (the final index level is less than the initial index level by more than 25%), the sum of (i) $1,000 Initial index level, but not by more than 25%), $1,000 or If the index return is zero or negative but not below -25% (the final index level is equal to the initial index level or is less than the ![]() (b) the participation rate times (c) the index return If the index return is positive (the final index level is greater than the initial index level), the sum of (i) $1,000 plus (ii) the product of (a) $1,000 times At maturity, for each $1,000 face amount of your notes, you will receive an amount in cash equal to: To determine your payment at maturity, we willĬalculate the index return, which is the percentage increase or decrease in the final index level from the initial index level. You could lose a significant portion of the face amount of your notes. If the final index level declines by more than 25% from the initial index level, the return on your notes will be negative and willĮqual the index return plus 25%. If the final index level declines by up to 25% from the initial index level, you will receive Return on your notes will be positive and will equal the participation rate (expected to be between 1.06 and 1.16) times the index return. If the final index level on the determination date is greater than the initial index level (set on the trade date), the To be August 31, 2023) is based on the performance of the S&P 500 ® Index as measured from the trade date (expected to be August 28, 2018) to and including the determination date The amount that you will be paid on your notes on the stated maturity date (expected Leveraged Buffered S&P 500 ® Index-Linked Notes due This preliminary pricing supplement is not an offer to sell nor does it seek an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. The information in this preliminary pricing supplement is not complete and
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