Goldman Sachs Group Inc. is guaranteeing GS Finance Corp. notes with a $1,000 face amount, linked to the lowest-performing of Comfort Systems USA and Vertiv Holdings and due October 4, 2029. Investors face principal-at-risk exposure, Goldman Sachs Credit risk and terms that can trigger an automatic call.
Key Highlights
- The securities track the lower-performing stock between Comfort Systems USA and Vertiv Holdings.
- The stated proceeds to the issuer are $974.25 per $1,000 security after an Underwriting discount of up to $25.75.
- The notes have an original Issue Date of October 5, 2026, and are due October 4, 2029.
Goldman Sachs Group Inc. (NYSE: GS), an Investment banks/brokers company, is guaranteeing securities issued by GS Finance Corp. with a $1,000 face amount. The notes are linked to the lowest-performing stock among Comfort Systems USA, Inc. (NYSE: FIX) and Vertiv Holdings Co and carry principal-at-risk terms.
$1,000 Notes Link Returns to Two Stocks
The pricing date is September 30, 2026, while the original issue date is October 5, 2026. The securities are due October 4, 2029. An automatic call can occur when the lowest-performing stock reaches or exceeds its call threshold price, with payment of $1,000 plus the call premium for each $1,000 face amount. The original offering price and face amount are each $1,000 per security. Proceeds to the issuer are $974.25 per security against an underwriting discount of up to $25.75, or 2.575%. Wells Fargo Securities receives that discount, while selected securities dealers may receive up to 0.30% for Marketing services.
Credit Exposure and Secondary-Market Terms
Wells Fargo Advisors may receive a 0.075% distribution expense fee, or $0.75 per $1,000 security sold. Goldman Sachs & Co. LLC may pay selected dealers up to $3.00 per $1,000 security, and secondary-market sales may involve commissions or dealer discounts.
FAQs
Q: What stocks are linked to Goldman Sachs auto-callable notes?
A: The Goldman Sachs structured securities are linked to Comfort Systems USA, Inc. common stock and Vertiv Holdings Co Class A common stock.
Q: What is the face amount of the Goldman Sachs notes?
A: Each security has a $1,000 face amount and an original offering price of $1,000. The stated proceeds to the issuer are $974.25 per security.
Q: When are the Goldman Sachs notes issued and due?
A: The Goldman Sachs notes are issued on October 5, 2026, and are due on October 4, 2029.
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