Common use of Introduction Clause in Contracts

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 WKN: GP2LLE Common Code: 181973005 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 WKN: GP2LLE Common Code: 181973005 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50S&P 500® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6BCL76 WKN: GP2LLE GP2LWC Common Code: 181973005 181988029 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months 2022. Summary information – income statement Year ended 30 June 2023. * 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2023 (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(lossmillions USD) 36 78 78 (23in millions USD) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6BCL76 WKN: GP2LLE GP2LWC Common Code: 181973005 181988029 Underlying: EURO STOXX 50S&P 500® Index (Price EUR) (Reuters Code: .STOXX50E.SPX) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 150,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50S&P 500® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS2TL88 WKN: GP2LLE GP2K84 Common Code: 181973005 181492058 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) (in millions USD) As of 31 December 2022 (audited) As of 31 December 2021 (audited) As of 30 June 202(unaudited) Total assets 34,720 16,605 39,858 Total shareholder’s VKDUHK equity 709 184 514 Cash flows from operating operat- ing activities (outflow) 1 4 3 24 Cash flows from financing financ- ing activities N/A N/A 0* 0* Cash flows from investing invest- ing activities 0* 0* 0* 0* x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. x Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive cred position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to imp access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS2TL88 WKN: GP2LLE GP2K84 Common Code: 181973005 181492058 Underlying: EURO STOXX 50S&P 500® Index (Price EUR) (Reuters Code: .STOXX50E.SPX) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6B6Y89 WKN: GP2LLE GP2LNU Common Code: 181973005 181976535 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6B6Y89 WKN: GP2LLE GP2LNU Common Code: 181973005 181976535 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6B9R28 WKN: GP2LLE GP2K7G‌ Common Code: 181973005 181978252 The Issuer Issuer‌ Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors Directors‌ The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and 2022. Summary information – income statement Year ended 31 December 2023 (audited)‌ Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit‌‌ 62 36 Summary information – balance sheet As of 31 December 2023 (audited)‌ As of 31 December 2022 (audited) (in millions USD) (in millions USD) Total assets‌‌ 46,356 34,720 Total shareholder’s equity‌‌ 337 709 Summary information – cash flow Year ended 31 December 2023 (audited)‌ Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating activities (outflow)‌‌ 6 1 Cash flows from financing activities‌ N/A N/A Cash flows from investing activities‌ 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2023 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6B9R28‌ WKN: GP2LLE GP2K7G Common Code: 181973005 181978252 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities 50,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. Germany.‌ The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Fixed to Floating Rate Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 XS2653933908 WKN: GP2LLE GP2K83 Valor: 129579950 Common Code: 181973005 265393390 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 March 19 February 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 549300KQWCT26VXWW684. Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked Fixed to the UnderlyingFloating Rate Securities. ISIN: JE00BLS2TH43 XS2653933908 WKN: GP2LLE GP2K83 Valor: 129579950 Common Code: 181973005 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) 265393390 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities EUR 30,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect In the case of underlying instrument(s) on value of investment There is Fixed to Floating Rate Securities, the Security Holder receives at maturity a relationship between Settlement Amount equal to the economic value Nominal, subject to a termination of the Securities Securities. Furthermore, the Security Holder receives on the Coupon Payment Date(s) an interest amount which is determined on the basis of the Nominal and the economic value coupon, i.e. the Fixed Coupon Rate during the Fixed Coupon Period and the Floating Coupon Rate during the Floating Coupon Rate Period. Settlement Date: 10 April 2030 Fixed Coupon Period: The period from, and including, the coupon commencement date (10 April 2024) to, but excluding, Last Specified Coupon Payment Date (Fixed). Floating Coupon Rate Period: The period from, and including, the Last Specified Coupon Payment Date (Fixed) to, but excluding, the coupon cessation date (10 April 2030). Last Specified Coupon Payment Date (Fixed): 10 April 2025 Fixed Coupon Rate: 5.60 per cent. per annum Floating Coupon Rate: Inflation Factor (determined on the basis of the Underlyingdevelopment of the Inflation Index) Inflation Index: Eurostat Eurozone HICP Ex Tobacco Unrevised Series NSA (Screen Page: CPTFEMU Index). Inflation Factor: The difference between (a) the quotient of the Relevant Level for the relevant Reference Month(t) allocated to the respective Coupon Determination Date and the Relevant Level for the preceding Reference Month(t-1) and (b) one (1). The value of the Security will typically fall if the price of the Underlying fallsInflation Factor shall be at least be zero (0). Relevant Level: The Securities have the characteristic such that the level of the Settlement Amount Inflation Index which is published or announced for the relevant Reference Month and which is relevant for the time for redemption determination of the Securities depend on whether Inflation Factor. Reference Month: Coupon Determination Date: Coupon Determination Date (1): Coupon Payment Date (2) Coupon Determination Date (2): Coupon Payment Date (3) Coupon Determination Date (3): Coupon Payment Date (4) Coupon Determination Date (4): Coupon Payment Date (5) Coupon Determination Date (5): Coupon Payment Date (6) Coupon Payment Date(s): Coupon Payment Date (1): 10 April 2025 Coupon Payment Date (2): 10 April 2026 Coupon Payment Date (3): 10 April 2027 Coupon Payment Date (4): 10 April 2028 Coupon Payment Date (5): 10 April 2029 Coupon Payment Date (6): 10 April 2030, each subject to the Underlying Price has reached or exceeded Business Day Convention. Business Day Convention: If the Settlement Level Coupon Payment Date falls on a certain Valuation Date ("Early Settlement Event"). If this date which is the casenot a Payment Date, the term of Coupon Payment Date shall not be adjusted in accordance with any Business Day Convention. Nominal: EUR 1,000.00 Coupon Amount: For Coupon Amounts that fall within the Securities ends early and Fixed Coupon Period: the Securities are redeemedNominal multiplied by the Fixed Coupon Rate considering the Coupon Day Count Fraction (30/360).

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number number‌ The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6B6R13 WKN: GP2LLE GP2LNK‌ Common Code: 181973005 181976420 The Issuer Issuer‌ Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors Directors‌ The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: 2023.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). What are the main features of the Securities?‌ Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6B6R13‌ WKN: GP2LLE GP2LNK Common Code: 181973005 181976420 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities 50,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 DE000GP3MQA9 WKN: GP2LLE GP3MQA Common Code: 181973005 181991631 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 2022 and from the unaudited interim financial statements for the six months ended 30 June 20232024. * *As values are nil they are not included in the financial statements as of 31 December 2023 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20232024. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 (10) 78 78 (23) Total assets 46,356 34,720 16,605 39,858 49,308 Total shareholder’s equity 709 184 514 000 000 000 Cash flows from operating activities (outflow) 6 1 4 (210) 3 24 Cash flows from financing activities N/A N/A 0* 200 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 DE000GP3MQA9 WKN: GP2LLE GP3MQA Common Code: 181973005 181991631 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NVClearstream Banking AG, 1 Boulevard du Roi Xxxxxx XXFrankfurt am Main, B-1210 BrusselsXxxxxxxxxxxxxxxxx 00, and/or Clearstream Banking00000 Xxxxxxxx, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx Xxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Quanto Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) Alphabet Inc. - Class A (the "Securities"). ISIN: JE00BLS2TH43 WKNXX00XXXXX000 XXX: GP2LLE GZ4V1B Valor: 124870134 Common Code: 181973005 181486244 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 2020 and from the unaudited interim financial statements for the six months ended 30 June 20232022. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended as of 30 June 2023. The Issuer is subject to the following key risks: 2022.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ Operating profit/(loss) 36 78 78 38 (23) 48 Total assets 34,720 16,605 39,858 15,518 24,652 Total shareholder’s equity 709 184 514 48 817 Cash flows from operating activities (outflow) 1 4 3 (131) 24 11 Cash flows from financing activities N/A N/A 125 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 WKNXX00XXXXX000 XXX: GP2LLE GZ4V1B Valor: 124870134 Common Code: 181973005 181486244 Underlying: EURO STOXX 50® Index Alphabet Inc. - Class A (Price EUR) (Reuters CodeISIN: .STOXX50EUS02079K3059) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS2T529 WKN: GP2LLE GZ4V1S Valor: 34129586 Common Code: 181973005 181485515 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 2020 and from the unaudited interim financial statements for the six months ended 30 June 20232022. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended as of 30 June 20232022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business Operating profit/(loss) 78 38 (23) 48 Total assets 16,605 15,518 24,652 Total shareholder’s equity 184 48 817 Cash flows from operating activities (outflow) 4 (131) 24 11 Cash flows from financing activities N/A 125 0* 0* Cash flows from investing activities 0* 0* 0* 0* activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS2T529 WKN: GP2LLE GZ4V1S Valor: 34129586 Common Code: 181973005 181485515 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have In the characteristic such that the level case of Capped Minimum Amount Securities, the Settlement Amount is at least equal to the Minimum Amount and does not exceed the time for redemption of Maximum Amount. The Settlement Amount is determined as follows: (i) If the Securities depend Reference Price is equal to or below the Initial Reference Price, Security Holders receive the Minimum Amount on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemedDate.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS3DP32 WKN: GP2LLE GP2LKP Common Code: 181973005 181982969 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months 2022. Summary information – income statement Year ended 30 June 2023. * 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2023 (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(lossmillions USD) 36 78 78 (23in millions USD) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS3DP32 WKN: GP2LLE GP2LKP Common Code: 181973005 181982969 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) adidas AG (the "Securities"). ISIN: JE00BLS2TH43 JE00BGBBF428 WKN: GP2LLE GZ4V06 Valor: 124869845 Common Code: 181973005 181486023 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 2020 and from the unaudited interim financial statements for the six months ended 30 June 20232022. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended as of 30 June 20232022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 38 (23) 48 Total assets 34,720 16,605 39,858 15,518 24,652 Total shareholder’s equity 709 184 514 48 817 Cash flows from operating activities (outflow) 1 4 3 (131) 24 11 Cash flows from financing activities N/A N/A 125 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BGBBF428 WKN: GP2LLE GZ4V06 Valor: 124869845 Common Code: 181973005 181486023 Underlying: EURO STOXX 50® Index adidas AG (Price EUR) (Reuters CodeISIN: .STOXX50EDE000A1EWWW0) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50S&P 500® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BGBBJQ21 WKN: GP2LLE GP0TL5 Common Code: 181973005 181494603 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BGBBJQ21 WKN: GP2LLE GP0TL5 Common Code: 181973005 181494603 Underlying: EURO STOXX 50S&P 500® Index (Price EUR) (Reuters Code: .STOXX50E.SPX) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemedredeemed early, whereby the Settlement Amount equals the Calculation Amount multiplied by the Settlement Factor applicable to

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® MSCI World Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6B9613 WKN: GP2LLE GP2LT0 Common Code: 181973005 181986824 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months 2022. Summary information – income statement Year ended 30 June 2023. * 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2023 (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(lossmillions USD) 36 78 78 (23in millions USD) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6B9613 WKN: GP2LLE GP2LT0 Common Code: 181973005 181986824 Underlying: EURO STOXX 50® MSCI World Index (Price EUR) (Reuters Code: .STOXX50E.MIWO00000PUS) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 150,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Step Up & Step Down Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 XS2689069321 WKN: GP2LLE GP2LFL Common Code: 181973005 268906932 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 March 2024 23 February 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the UnderlyingStep Up & Step Down Securities. ISIN: JE00BLS2TH43 XS2689069321 WKN: GP2LLE GP2LFL Common Code: 181973005 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) 268906932 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities EUR 75,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There In the case of Step Up & Step Down Securities, the Security Holder receives at maturity a Settlement Amount equal to the Nominal, subject to a termination of the Securities. Furthermore, the Security Holder receives on the Coupon Payment Date(s) an interest amount which is determined on the basis of the Nominal and a relationship between fixed coupon, i.e. the economic value Fixed Step Rate for the respective Coupon Period in the Fixed Step Rate Period (as set out below). Settlement Date: 22 January 2030 Coupon Period: Means each period commencing on (and including) the Coupon Commencement Date or any Coupon Payment Date and ending on (but excluding) the next Coupon Payment, and each Coupon Period shall commence on or end on, as the case may be, the date on which the relevant Coupon Payment Date is scheduled to fall, disregarding any adjustment in accordance with the Business Day Convention (if any). Business Day Convention: If the Coupon Payment Date falls on a date which is not a Payment Date, the Coupon Payment Date shall not be adjusted in accordance with any Business Day Convention. Nominal: EUR 1,000.00 Coupon Amount: Nominal multiplied by the Fixed Step Rate considering the Coupon Day Count Fraction (30/360) Coupon Payment Date(s): Coupon Payment Date (1): 22 January 2025 Coupon Payment Date (2): 22 January 2026 Coupon Payment Date (3): 22 January 2027 Coupon Payment Date (4): 22 January 2028 Coupon Payment Date (5): 22 January 2029 Coupon Payment Date (6): 22 January 2030 Relative seniority of the Securities The Securities of each Series constitute direct, unsecured, and the economic value unsubordinated obligations of the Underlying. The value Issuer, which rank equally among themselves and with all other present and future unsecured and unsubordinated obligations of the Security will typically fall if the price Issuer, save for those obligations that may be preferred by provisions of the Underlying fallslaw that are mandatory and of general application. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption Restrictions on free transferability of the Securities depend on whether Subject to potential selling restrictions, the Underlying Price has reached or exceeded the Settlement Level Securities will be freely transferable. Application for admission to trading on a certain Valuation Date regulated market or for trading on an MTF Stuttgart Stock Exchange Coupon Period Fixed Step Rate Period Fixed Step Rate 1 From ("Early Settlement Event")including) 22 January 2024 till (excluding) 22 January 2025 3.00 per cent. If this is the case, the term of the Securities ends early and the Securities are redeemedper annum

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6B8193 WKN: GP2LLE GP2LPE Common Code: 181973005 181977639 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months 2022. Summary information – income statement Year ended 30 June 2023. * 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2023 (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(lossmillions USD) 36 78 78 (23in millions USD) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6B8193 WKN: GP2LLE GP2LPE Common Code: 181973005 181977639 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 DE000GP2LUB3 WKN: GP2LLE GP2LUB Valor: 129580433 Common Code: 181973005 181986921 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As of 31 December 2023 (audited) As of 31 December 2022 (audited) (in millions USD) (in millions USD) Total assets 46,356 34,720 Total shareholder’s equity 337 709 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating activities (outflow) 6 1 Cash flows from financing activities N/A N/A Cash flows from investing activities 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2023 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 DE000GP2LUB3 WKN: GP2LLE GP2LUB Valor: 129580433 Common Code: 181973005 181986921 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NVClearstream Banking AG, 1 Boulevard du Roi Xxxxxx XXFrankfurt am Main, B-1210 BrusselsXxxxxxxxxxxxxxxxx 00, and/or Clearstream Banking00000 Xxxxxxxx, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx Xxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50DAX® Index (Price EURPerformance Index) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS31711 WKN: GP2LLE GK1T8A Valor: 119840752 Common Code: 181973005 239024793 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2020. Summary information – income statement Year ended 31 December 2021 and (audited) Year ended 31 December 2020 (au- dited) (in millions USD) (in millions USD) Selected income statement data Operating profit 78 38 Summary information – balance sheet As of 31 December 2021 (audited) As of 31 December 2020 (audited) (in millions USD) (in millions USD) Total assets 16,605 15,518 Total shareholder’s equity 184 48 Summary information – cash flow Year ended 31 December 2021 (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating ac- tivities (outflow) 4 (131) Cash flows from financing ac- tivities N/A 125 Cash flows from investing ac- tivities 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2020. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS31711 WKN: GP2LLE GK1T8A Valor: 119840752 Common Code: 181973005 239024793 Underlying: EURO STOXX 50DAX® Index (Price EURPerformance Index) (Reuters Code: .STOXX50E.GDAXI) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6B7R87 WKN: GP2LLE GP2LPB Common Code: 181973005 181977582 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months 2022. Summary information – income statement Year ended 30 June 2023. * 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2023 (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(lossmillions USD) 36 78 78 (23in millions USD) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6B7R87 WKN: GP2LLE GP2LPB Common Code: 181973005 181977582 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Global Select Dividend 100 Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS31C69 WKN: GP2LLE GK1T77 Valor: 41819514‌‌ Common Code: 181973005 181484373 The Issuer Issuer‌ Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors Directors‌ The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 and 2020. Summary information – income statement Year ended 31 December 2021‌ (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit‌‌ 78 38 Summary information – balance sheet As of 31 December 2021‌ (audited) As of 31 December 2020 (audited) (in millions USD) (in millions USD) Total assets‌‌ 16,605 15,518 Total shareholder’s equity‌‌ 184 48 Summary information – cash flow Year ended 31 December 2021‌ (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating activities (outflow)‌‌ 4 (131) Cash flows from financing activities‌‌ N/A 125 Cash flows from investing activities‌ 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2020. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS31C69‌ WKN: GP2LLE GK1T77 Valor: 41819514‌ Common Code: 181973005 181484373 Underlying: EURO STOXX 50® Global Select Dividend 100 Index (Price EUR) (Reuters Code: .STOXX50E.SDGP) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50STOXX® Index Banks (Price EUR) Index (the "Securities"). ISIN: JE00BLS2TH43 DE000GP2LTS9 WKN: GP2LLE GP2LTS Valor: 129580063 Common Code: 181973005 181986743 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As of 31 December 2023 (audited) As of 31 December 2022 (audited) (in millions USD) (in millions USD) Total assets 46,356 34,720 Total shareholder’s equity 337 709 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating activities (outflow) 6 1 Cash flows from financing activities N/A N/A Cash flows from investing activities 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2023 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 DE000GP2LTS9 WKN: GP2LLE GP2LTS Valor: 129580063 Common Code: 181973005 181986743 Underlying: EURO STOXX 50STOXX® Index Banks (Price EUR) Index (Reuters Code: .STOXX50E.SX7E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NVClearstream Banking AG, 1 Boulevard du Roi Xxxxxx XXFrankfurt am Main, B-1210 BrusselsXxxxxxxxxxxxxxxxx 00, and/or Clearstream Banking00000 Xxxxxxxx, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx Xxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 150,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) Palo Alto Networks, Inc. (the "Securities"). ISIN: JE00BLS2TH43 JE00BGBB9V77 WKN: GP2LLE GZ4V0X Valor: 34130006 Common Code: 181973005 181485736 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 2020 and from the unaudited interim financial statements for the six months ended 30 June 20232022. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended as of 30 June 20232022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 38 (23) 48 Total assets 34,720 16,605 39,858 15,518 24,652 Total shareholder’s equity 709 184 514 48 817 Cash flows from operating activities (outflow) 1 4 3 (131) 24 11 Cash flows from financing activities N/A N/A 125 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BGBB9V77 WKN: GP2LLE GZ4V0X Valor: 34130006 Common Code: 181973005 181485736 Underlying: EURO STOXX 50® Index Palo Alto Networks, Inc. (Price EUR) (Reuters CodeISIN: .STOXX50EUS6974351057) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 10,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50STOXX® Europe 600 Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 DE000GP3MR10 WKN: GP2LLE GP3MR1 Common Code: 181973005 181992379 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 2022 and from the unaudited interim financial statements for the six months ended 30 June 20232024. * *As values are nil they are not included in the financial statements as of 31 December 2023 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20232024. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 (10) 78 78 (23) Total assets 46,356 34,720 16,605 39,858 49,308 Total shareholder’s equity 709 184 514 000 000 000 Cash flows from operating activities (outflow) 6 1 4 (210) 3 24 Cash flows from financing activities N/A N/A 0* 200 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. x Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 DE000GP3MR10 WKN: GP2LLE GP3MR1 Common Code: 181973005 181992379 Underlying: EURO STOXX 50STOXX® Europe 600 Index (Price EUR) (Reuters Code: .STOXX50E.STOXX) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NVClearstream Banking AG, 1 Boulevard du Roi Xxxxxx XXFrankfurt am Main, B-1210 BrusselsXxxxxxxxxxxxxxxxx 00, and/or Clearstream Banking00000 Xxxxxxxx, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx Xxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 150,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS2Z328 WKN: GP2LLE GK9FVM Valor: 41819947 Common Code: 181973005 181484756 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 2020 and from the unaudited interim financial statements for the six months ended 30 June 20232022. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended as of 30 June 20232022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment Operating profit/(loss) 78 38 (23) 48 Total assets 16,605 15,518 24,652 Total shareholder’s equity 184 48 817 Cash flows from operating activities (out- flow) 4 (131) 24 11 Cash flows from financing activities N/A 125 0* 0* Cash flows from investing activities 0* 0* 0* 0* in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS2Z328 WKN: GP2LLE GK9FVM Valor: 41819947 Common Code: 181973005 181484756 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemedredeemed early, whereby the Settlement Amount equals the Calculation Amount multiplied by the Settlement Factor applicable to the relevant Valuation Date. If an early redemption does not occur, the performance of the Underlying determines the level of the Settlement Amount: (i) If the Reference Price is equal to or above the Final Settlement Level, the Settlement Amount is the Calculation Amount

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Autocallable Drop-Back Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BKYRRC75‌ WKN: GP2LLE GP2K67 Valor: 125102501‌ Common Code: 181973005 181486562 The Issuer Issuer‌ Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors Directors‌ The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 2020 and from the unaudited interim financial statements for the six months ended 30 June 20232022. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended as of 30 June 2023. 2022.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment Operating profit/(loss) 78 38 (23) 48 Total assets 16,605 15,518 24,652 Total shareholder’s equity 184 48 817 Cash flows from operating activities (out- flow) 4 (131) 24 11 Cash flows from financing activities N/A 125 0* 0* Cash flows from investing activities 0* 0* 0* 0* in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Autocallable Drop-Back Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BKYRRC75‌ WKN: GP2LLE GP2K67 Valor: 125102501‌ Common Code: 181973005 181486562 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment investment‌ There is a relationship between the economic value of the Securities and the economic value of the Underlying. The Drop- Back Securities replicate an investment strategy that increases the investment in the Underlying in the event of a falling value of the Security will typically fall if Underlying in order to be able to participate in expected increases in the price value of the Underlying fallsthis Underlying. The Securities have are characterised by the characteristic such fact that the level of the Settlement Amount and of Drop-Back Securities depends on the time for redemption performance of the Underlying and whether and/or how many Drop-Back Barrier Events have occurred during the term. Drop-Back Securities depend on whether have the Underlying Price has reached or exceeded characteristic such that at the Settlement Level on beginning of the term only a certain Valuation Date ("Early Settlement Event"). If this is part of the caseCalculation Amount, the term so-called Initial Investment Amount, is invested in the Underlying. From the remaining part of the Securities ends early and Calculation Amount, the Securities are redeemedso-called Final Remaining Denomination, the respective Subsequent Investment Amount(i) allocated to the respective

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 WKNXX00XXX0XX00 XXX: GP2LLE GP2LGE Common Code: 181973005 181493615 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 WKNXX00XXX0XX00 XXX: GP2LLE GP2LGE Common Code: 181973005 181493615 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Quanto Autocallable Securities linked to the EURO STOXX 50S&P 500® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BGBB9G27 WKN: GP2LLE GZ4V1P Valor: 34129977 Common Code: 181973005 181485728 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 2020 and from the unaudited interim financial statements for the six months ended 30 June 20232022. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended as of 30 June 20232022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business Operating profit/(loss) 78 38 (23) 48 Total assets 16,605 15,518 24,652 Total shareholder’s equity 184 48 817 Cash flows from operating activities (out- flow) 4 (131) 24 11 Cash flows from financing activities N/A 125 0* 0* Cash flows from investing activities 0* 0* 0* 0* activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BGBB9G27 WKN: GP2LLE GZ4V1P Valor: 34129977 Common Code: 181973005 181485728 Underlying: EURO STOXX 50S&P 500® Index (Price EUR) (Reuters Code: .STOXX50E.SPX) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemedredeemed early, whereby the Settlement Amount equals the Calculation Amount multiplied by the Settlement Factor applicable to

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50S&P 500® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6BJ507 WKN: GP2LLE GP3MPE Common Code: 181973005 181991291 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 2022 and from the unaudited interim financial statements for the six months ended 30 June 20232024. * *As values are nil they are not included in the financial statements as of 31 December 2023 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20232024. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 78 (10) 78 (23in millions USD) As of 31 December 2023 (audited) As of 31 December 2022 (audited) As of 30 June 202(unaudited) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 49,308 7RWDO VKDUH 000 000 000 Cash flows from operating activities (outflow) 6 1 4 (210) 3 24 Cash flows from financing activities N/A N/A 0* 200 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. x Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive WR *6)&,¶V OLTXLGLW\ $ UHGXFWLRQ* 6L)Q& ,*¶6V* ¶OVL TFXULHGG position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to LWV FUHGLW ULVN *6&),¶V OLTXLGLW\ FRXOG aEn Hina bilLityPtoS access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6BJ507 WKN: GP2LLE GP3MPE Common Code: 181973005 181991291 Underlying: EURO STOXX 50S&P 500® Index (Price EUR) (Reuters Code: .STOXX50E.SPX) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 150,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BGBBCB82 WKN: GP2LLE GZ4V1L Valor: 41820435 Common Code: 181973005 181485957 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 2020 and from the unaudited interim financial statements for the six months ended 30 June 20232022. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended as of 30 June 20232022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business Operating profit/(loss) 78 38 (23) 48 Total assets 16,605 15,518 24,652 Total shareholder’s equity 184 48 817 Cash flows from operating activities (out- flow) 4 (131) 24 11 Cash flows from financing activities N/A 125 0* 0* Cash flows from investing activities 0* 0* 0* 0* activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BGBBCB82 WKN: GP2LLE GZ4V1L Valor: 41820435 Common Code: 181973005 181485957 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemedredeemed early, whereby the Settlement Amount equals the Calculation Amount multiplied by the Settlement Factor applicable to

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Index (Price EUR) FTIF - Franklin U.S. Opportunities Fund (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS2XG14 WKN: GP2LLE GP3MRG Common Code: 181973005 181992077 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 2022 and from the unaudited interim financial statements for the six months ended 30 June 20232024. * *As values are nil they are not included in the financial statements as of 31 December 2023 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20232024. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 78 (10) 78 (23in millions USD) As of 31 December 2023 (audited) As of 31 December 2022 (audited) As of 30 June 202(unaudited) Total assets 46,356 34,720 16,605 39,858 49,308 Total shareholder’s equity 709 184 514 000 000 000 Cash flows from operating activities (outflow) 6 1 4 (210) 3 24 Cash flows from financing activities N/A N/A 0* 200 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. x Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS2XG14 WKN: GP2LLE GP3MRG Common Code: 181973005 181992077 Underlying: EURO STOXX 50® Index FTIF - Franklin U.S. Opportunities Fund (Price EUR) (Reuters CodeISIN: .STOXX50ELU0109391861) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 150,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) Rheinmetall AG (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS32K19 WKN: GP2LLE GK1T7U Valor: 116687193 Common Code: 181973005 239021328 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 and 2020. Summary information – income statement Year ended 31 December 2021‌ (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit‌‌ 78 38 Summary information – balance sheet As of 31 December 2021‌ (audited) As of 31 December 2020 (audited) (in millions USD) (in millions USD) Total assets‌‌ 16,605 15,518 Total shareholder’s equity‌‌ 184 48 Summary information – cash flow Year ended 31 December 2021‌ (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating activities (outflow)‌‌ 4 (131) Cash flows from financing activities‌‌ N/A 125 Cash flows from investing activities‌ 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2020. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS32K19 WKN: GP2LLE GK1T7U Valor: 116687193 Common Code: 181973005 239021328 Underlying: EURO STOXX 50® Index Rheinmetall AG (Price EUR) (Reuters CodeISIN: .STOXX50EDE0007030009) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 10,000 Securities The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) ING Groep N.V. (the "Securities"). ISIN: JE00BLS2TH43 JE00BGBBDV53 WKN: GP2LLE GZ4V1K Valor: 124869833 Common Code: 181973005 181486007 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 2020 and from the unaudited interim financial statements for the six months ended 30 June 20232022. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended as of 30 June 2023. The Issuer is subject to the following key risks: 2022.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ Operating profit/(loss) 36 78 78 38 (23) 48 Total assets 34,720 16,605 39,858 15,518 24,652 Total shareholder’s equity 709 184 514 48 817 Cash flows from operating activities (outflow) 1 4 3 (131) 24 11 Cash flows from financing activities N/A N/A 125 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BGBBDV53 WKN: GP2LLE GZ4V1K Valor: 124869833 Common Code: 181973005 181486007 Underlying: EURO STOXX 50® Index ING Groep N.V. (Price EUR) (Reuters CodeISIN: .STOXX50ENL0011821202) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 15,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Quanto Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) The Boeing Company (the "Securities"). ISIN: JE00BLS2TH43 JE00BGBBLX36 WKN: GP2LLE GZ4V08 Valor: 124869955 Common Code: 181973005 181486163 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 2020 and from the unaudited interim financial statements for the six months ended 30 June 20232022. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended as of 30 June 2023. The Issuer is subject to the following key risks: 2022.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ Operating profit/(loss) 36 78 78 38 (23) 48 Total assets 34,720 16,605 39,858 15,518 24,652 Total shareholder’s equity 709 184 514 48 817 Cash flows from operating activities (outflow) 1 4 3 (131) 24 11 Cash flows from financing activities N/A N/A 125 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BGBBLX36 WKN: GP2LLE GZ4V08 Valor: 124869955 Common Code: 181973005 181486163 Underlying: EURO STOXX 50® Index The Boeing Company (Price EUR) (Reuters CodeISIN: .STOXX50EUS0970231058) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 DE000GP3MN55 WKN: GP2LLE GP3MN5 Common Code: 181973005 181991127 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 2022 and from the unaudited interim financial statements for the six months ended 30 June 20232024. * *As values are nil they are not included in the financial statements as of 31 December 2023 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20232024. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 (10) 78 78 (23) Total assets 46,356 34,720 16,605 39,858 49,308 Total shareholder’s equity 709 184 514 000 000 000 Cash flows from operating activities (outflow) 6 1 4 (210) 3 24 Cash flows from financing activities N/A N/A 0* 200 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 DE000GP3MN55 WKN: GP2LLE GP3MN5 Common Code: 181973005 181991127 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NVClearstream Banking AG, 1 Boulevard du Roi Xxxxxx XXFrankfurt am Main, B-1210 BrusselsXxxxxxxxxxxxxxxxx 00, and/or Clearstream Banking00000 Xxxxxxxx, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx Xxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) Shell PLC (the "Securities"). ISIN: JE00BLS2TH43 XS2093940653 WKN: GP2LLE GK1T8Q Valor: 116687925 Common Code: 181973005 209394065 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 8 July 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxxx, Xxxxxxxx Xxxxxxxxx Xxxxxxxx Mertz and Xxxxxx XxxxxxxxXxxxxxx Xxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2020 and 31 December 2021 2019 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2020 for each of the two years in the period ended 31 December 2022 2020 and 31 December 2021 2019 and from the unaudited interim financial statements for the six months ended 30 June 20232021. The Financial Statements 2019 of the Issuer have been prepared under United Kingdom Generally Accepted Accounting Practices ("U.K. GAAP") in accordance with FRS 101 Reduced Disclosure Framework ("FRS 101"). As such, the Issuer has prepared IFRS transition disclosures required by IFRS 1 (First-time adoption of International Financial Reporting Standards). Summary information – income statement Year ended 31 December 2020 (audited) Year ended 31 December 2019 (audited) Six months ended 30 June 2021 (unaudited) Six months ended 30 June 2020 (unaudited) IFRS (in USD) millions IFRS (in USD) millions U.K. GAAP (in thousands USD) IFRS (in USD) millions IFRS (in USD) millions Selected statement data income Operating profit/(loss) 38 (2) (1,919) 48 (12) Summary information – balance sheet As of 31 December 2020 (audited) As of 31 December 2019 (audited) As of 30 June 2021 (unaudited) IFRS (in USD) millions IFRS (in USD) millions U.K. GAAP (in thousands USD) IFRS (in millions USD) Total assets 15,518 12,590 12,589,557 16,005 Total shareholder’s equity 48 23 22,736 103 Summary information – cash flow Year ended 31 December 2020 (audited) Year ended 31 December 2019 (audited) Six months ended 30 June 2021 (unaudited) Six months ended 30 June 2020 (unaudited) IFRS (in millions USD) IFRS (in millions USD) U.K. GAAP (in thousands USD) IFRS (in millions USD) IFRS (in millions USD) Cash flows from operating activities (outflow) (131) (22) (21,192) 11 10 Cash flows from financing activities 125 25 25,000 0.0* 0.0* Cash flows from investing activities 0.0* 0.0* 0.0 0.0* 0.0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2020 and in the interim financial statements for the six months ended as 30 June 20232021. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 XS2093940653 WKN: GP2LLE GK1T8Q Valor: 116687925 Common Code: 181973005 209394065 Underlying: EURO STOXX 50® Index Shell PLC (Price EUR) (Reuters CodeISIN: .STOXX50EGB00BP6MXD84) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities EUR 15,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS2T305 WKN: GP2LLE GZ4V0M Valor: 34129610 Common Code: 181973005 181485540 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 2020 and from the unaudited interim financial statements for the six months ended 30 June 20232022. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended as of 30 June 20232022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment Operating profit/(loss) 78 38 (23) 48 Total assets 16,605 15,518 24,652 Total shareholder’s equity 184 48 817 Cash flows from operating activities (out- flow) 4 (131) 24 11 Cash flows from financing activities N/A 125 0* 0* Cash flows from investing activities 0* 0* 0* 0* in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS2T305 WKN: GP2LLE GZ4V0M Valor: 34129610 Common Code: 181973005 181485540 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemedredeemed early, whereby the Settlement Amount equals the Calculation Amount multiplied by the Settlement Factor applicable to the relevant Valuation Date. If an early redemption does not occur, the performance of the Underlying determines the level of the Settlement Amount: (i) If the Reference Price is equal to or above the Final Settlement Level, the Settlement Amount is the Calculation Amount

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50DAX® Index (Price EURPerformance Index) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS3LL51 WKN: GP2LLE GP2K9D Valor: 126294297 Common Code: 181973005 181487399 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 20232021. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2021. The Issuer is subject to the following key risks: Operating profit/(loss) profit 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 WKNXX00XXX0XX00 XXX: GP2LLE GP2K9D Valor: 126294297 Common Code: 181973005 181487399 Underlying: EURO STOXX 50DAX® Index (Price EURPerformance Index) (Reuters Code: .STOXX50E.GDAXI) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemedthe

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) Xxxxxx.xxx, Inc. (the "Securities"). ISIN: JE00BLS2TH43 WKNXX00XXXX0000 XXX: GP2LLE GP2K7T Common Code: 181973005 181495103 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included Summary information – income statement (in the financial statements as of millions USD)‌‌‌‌ Year ended 31 December 2022 and/or in the interim financial statements for the six (audited) Year ended 31 December 2021 (audited) Six months ended 30 June 2023. The Issuer is subject to the following key risks: 2023 (unaudited) Six months ended 30 June 2022 (unaudited) Selected income statement data Operating profit/(loss) profit/(loss)‌‌‌ 36 78 78 (23) Summary information – balance sheet (in millions USD)‌‌‌ As of 31 December 2022 (audited) As of 31 December 2021 (audited) As of 30 June 2023 (unaudited) Total assets assets‌‌‌ 34,720 16,605 39,858 Total shareholder’s equity equity‌‌‌ 709 184 514 Summary information – cash flow (in millions USD)‌‌‌‌ Year ended 31 December 2022 (audited) Year ended 31 December 2021 (audited) Six months ended 30 June 2023 (unaudited) Six months ended 30 June 2022 (unaudited) Cash flows from operating activities (outflow) outflow)‌‌‌‌ 1 4 3 24 Cash flows from financing activities activities‌‌ N/A N/A 0* 0* Cash flows from investing activities activities‌ 0* 0* 0* 0* The Issuer is subject to the following key risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BGBB6722 WKN: GP2LLE GP2K7T Common Code: 181973005 181495103 Underlying: EURO STOXX 50® Index Xxxxxx.xxx, Inc. (Price EUR) (Reuters CodeISIN: .STOXX50EUS0231351067) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 10,000 Securities The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Step Up & Step Down Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 XS2481007024 WKN: GP2LLE GK1T7R Valor: 117747021 Common Code: 181973005 248100702 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 March 2024 7 April 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxxx, Xxxxxxxx Xxxxxxxxx Xxxxxxxx Mertz and Xxxxxx XxxxxxxxXxxxxxx Xxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2020. Summary information – income statement Year ended 31 December 2021 and (audited) Year ended 31 December 2020 (audited) IFRS (in millions USD) IFRS (in millions USD) Selected income statement data Operating profit 78 38 Summary information – balance sheet As of 31 December 2021 (audited) As of 31 December 2020 (audited) IFRS (in millions USD) IFRS (in millions USD) Total assets 16,605 15,518 Total shareholder’s equity 184 48 Summary information – cash flow Year ended 31 December 2021 (audited) Year ended 31 December 2020 (audited) IFRS (in millions USD) IFRS (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating ac- tivities (outflow) 4 (131) Cash flows from financing ac- tivities N/A 125 Cash flows from investing ac- tivities 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2020. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the UnderlyingStep Up & Step Down Securities. ISIN: JE00BLS2TH43 XS2481007024 WKN: GP2LLE GK1T7R Valor: 117747021 Common Code: 181973005 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) 248100702 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. EUR 100,000,000 Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number number‌ The present securities are Autocallable Capped Floored Floater Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 XS2481069487‌ WKN: GP2LLE GK1T8D Valor: 30258301‌ Common Code: 181973005 248106948 The Issuer Issuer‌ Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority authority‌ The Base Prospectus was approved on 13 March 2024 7 April 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors Directors‌ The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 and from the unaudited interim financial statements for the six months 2020. Summary information – income statement Year ended 30 June 2023. * 31 December 2021‌ (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit‌‌ 78 38 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021‌ (audited) As of 31 December 2020 (audited) (in the interim financial statements for the six months millions USD) (in millions USD) Total assets‌‌ 16,605 15,518 Total shareholder’s equity‌‌ 184 48 Summary information – cash flow Year ended 30 June 2023. 31 December 2021‌ (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Cash flows from operating ac- tivities (outflow)‌‌ 4 (131) Cash flows from financing ac- tivities‌‌ N/A 125 Cash flows from investing ac- tivities‌ 0* 0* The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the UnderlyingCapped Floored Floater Securities. ISIN: JE00BLS2TH43 XS2481069487‌‌‌ WKN: GP2LLE GK1T8D Valor: 30258301‌ Common Code: 181973005 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) 248106948 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities EUR 5,000,000‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect In the case of underlying instrument(sCapped Floored Floater Securities, the Security Holder receives at maturity a Settlement Amount equal to the Nominal, subject to a termination of the Securities.‌ Furthermore, the Security Holder receives on the Coupon Payment Date(s) an interest amount which is determined on value the basis of investment There the Nominal and the coupon, i.e. the Floating Coupon Rate (subject to the Maximum Coupon (Cap) and the Minimum Coupon (Floor)). Settlement Date: 9 September 2027 Floating Coupon Rate: The Reference Rate, but at the most the Maximum Coupon (Cap) and at least the Minimum Coupon (Floor). Reference Rate: 3-Months EURIBOR (Reuters Page: EURIBOR01) Minimum Coupon (Floor): 2.00 per cent. p.a.‌ Maximum Coupon (Cap): 3.80 per cent. p.a. Business Day Convention: If the Coupon Payment Date falls on a date which is not a relationship between Payment Date, then the economic value Security Holder shall not be entitled to payment until the next such Payment Date in the relevant place. The Security Holder shall not be entitled to further interest or other payment in respect of such delay nor, as the case may be, shall the amount of interest to be paid be reduced due to such deferment. Nominal: EUR 1,000.00 Coupon Amount: Nominal multiplied by the Floating Coupon Rate (subject to the Maximum Coupon (Cap) and the Min- imum Coupon (Floor)) considering the Coupon Day Count Fraction (30/360 ISDA) Coupon Payment Date(s): Quarterly, on 9 March, 9 June, 9 September and 9 December of each year, starting on 9 December 2022 up to and including the scheduled Settlement Date, each subject to the Business Day Convention. Relative seniority of the Securities‌ The Securities of each Series constitute direct, unsecured, and unsubordinated obligations of the Issuer, which rank equally among themselves and with all other present and future unsecured and unsubordinated obligations of the Issuer, save for those obligations that may be preferred by provisions of law that are mandatory and of general application. Restrictions on free transferability of the Securities Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF‌ Frankfurt Stock Exchange Nature and the economic value scope of the Underlying. guarantee‌ The value obligations of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level Goldman Sachs Finance Corp International Ltd to pay of the Settlement Amount and any other amounts payable pursuant to the time for redemption terms and conditions of the Securities depend on whether are unconditionally and irrevocably guaranteed by the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the caseguarantee of The Goldman Sachs Group, the term Inc. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of The Goldman Sachs Group, Inc. Brief description of the Securities ends early Guarantor‌ The Goldman Sachs Group, Inc. Legal Entity Identifier (LEI): 784F5XWPLTWKTBV3E584 The Goldman Sachs Group, Inc. is organised in the State of Delaware in the United States as a corporation pursuant to the Delaware General Corporation Law, having unlimited duration and registration number 2923466. The business address of the directors of The Goldman Sachs Group, Inc. is 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Xxxxxx Xxxxxx. Relevant key financial information of the Guarantor The following table shows selected key historical financial information prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) in relation to the Guarantor which is derived from the audited consolidated financial statements as of 31 December 2021 for each of the two years in the period ended 31 December 2021 and 31 December 2020 and the Securities are redeemedunaudited consolidated financial statements for the period ended 31 March 2022: Summary information – income statement (in millions USD, except per share‌‌‌‌ Year ended 31 Year ended 31 3-month-pe- 3-month-pe- amounts) December December riod ended 31 riod ended 31 2021 (audited) 2020 (audited) March 2022 March 2021 (unaudited) (unaudited) Selected income statement data Net interest income‌‌‌‌ 6,470 4,751 1,827 1,482 Commissions and fees‌‌‌‌ 3,619 3,548 1,011 1,073 Provision for credit losses‌‌‌‌ 357 3,098 561 -70 Total net revenues‌‌‌‌ 59,339 44,560 12,933 17,704 Pre-tax earnings‌‌‌‌ 27,044 12,479 4,656 8,337 Net earnings applicable to common share-‌‌‌‌ 21,151 8,915 3,831 6,711 holders Earnings per common share (basic)‌‌‌‌ 60.25 24.94 10.87 18.80 Summary information – balance sheet (in millions USD)‌‌‌ As of 31 December As of 31 December As of 31 March 2021 (audited) 2020 (audited) 2022 (unaudited) Total assets‌‌‌ 1,463,988 1,163,028 1,589,441 Unsecured borrowings excluding subordi-‌‌‌ 287,642 251,247 303,137 xxxxx borrowings Subordinated borrowings‌‌‌ 13,405 15,104 13,331 Customer and other receivables‌‌‌ 160,673 121,331 174,637 Customer and other payables‌‌‌ 251,931 190,658 292,981 Total liabilities and shareholders’ equity‌‌‌ 1,463,988 1,163,028 1,589,441 (in per cent.) Common Equity Tier 1 (CET1) capital ra-‌‌‌ 14.2 14.7 14.4

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Autocallable Fixed Rate Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 XS2481058365‌ WKN: GP2LLE GK1T70 Valor: 116688246‌ Common Code: 181973005 248105836 The Issuer Issuer‌ Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 March 2024 7 April 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors Directors‌ The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 and from the unaudited interim financial statements for the six months 2020. Summary information – income statement Year ended 30 June 2023. * 31 December 2021‌ (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit‌‌ 78 38 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021‌ (audited) As of 31 December 2020 (audited) (in the interim financial statements for the six months millions USD) (in millions USD) Total assets‌‌ 16,605 15,518 Total shareholder’s equity‌‌ 184 48 Summary information – cash flow Year ended 30 June 2023. 31 December 2021‌ (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Cash flows from operating ac- tivities (outflow)‌‌ 4 (131) Cash flows from financing ac- tivities‌‌ N/A 125 Cash flows from investing ac- tivities‌ 0* 0* The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Autocallable Securities linked to the UnderlyingFixed Rate Securities. ISIN: JE00BLS2TH43 XS2481058365‌ WKN: GP2LLE GK1T70 Valor: 116688246‌ Common Code: 181973005 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) 248105836 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities EUR 1,000,000‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect In the case of underlying instrument(sFixed Rate Securities, the Security Holder receives at maturity a Settlement Amount equal to the Nominal , subject to a termination of the Securities.‌ Furthermore, the Security Holder receives on the Coupon Payment Date(s) an interest amount which is determined on value the basis of investment There the Nominal and the coupon, i.e. the Fixed Coupon Rate. Settlement Date: 12 February 2025 Fixed Coupon Rate: The Fixed Coupon Rate is 1.65 per cent. p.a. Business Day Convention: If the Coupon Payment Date falls on a relationship between date which is not a Payment Date, then the economic value Security Holder shall not be entitled to payment until the next such Payment Date in the relevant place. The Security Holder shall not be entitled to further interest or other payment in respect of such delay nor, as the case may be, shall the amount of interest to be paid be reduced due to such deferment. Nominal: EUR 1,000.00 Coupon Amount: Nominal multiplied by the Fixed Coupon Rate considering the Coupon Day Count Fraction (30/360 ISDA) Coupon Payment Date(s): 12 February 2024 and 12 February 2025, each subject to the Business Day Convention. Relative seniority of the Securities‌ The Securities of each Series constitute direct, unsecured, and unsubordinated obligations of the Issuer, which rank equally among themselves and with all other present and future unsecured and unsubordinated obligations of the Issuer, save for those obligations that may be preferred by provisions of law that are mandatory and of general application. Restrictions on free transferability of the Securities Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF‌ Frankfurt Stock Exchange Nature and the economic value scope of the Underlying. guarantee‌ The value obligations of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level Goldman Sachs Finance Corp International Ltd to pay of the Settlement Amount and any other amounts payable pursuant to the time for redemption terms and conditions of the Securities depend on whether are unconditionally and irrevocably guaranteed by the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the caseguarantee of The Goldman Sachs Group, the term Inc. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of The Goldman Sachs Group, Inc. Brief description of the Securities ends early Guarantor‌ The Goldman Sachs Group, Inc. Legal Entity Identifier (LEI): 784F5XWPLTWKTBV3E584 The Goldman Sachs Group, Inc. is organised in the State of Delaware in the United States as a corporation pursuant to the Delaware General Corporation Law, having unlimited duration and registration number 2923466. The business address of the directors of The Goldman Sachs Group, Inc. is 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Xxxxxx Xxxxxx. Relevant key financial information of the Guarantor The following table shows selected key historical financial information prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) in relation to the Guarantor which is derived from the audited consolidated financial statements as of 31 December 2021 for each of the two years in the period ended 31 December 2021 and 31 December 2020 and the Securities are redeemedunaudited consolidated financial statements for the period ended 31 March 2022: Summary information – income statement (in millions USD, except per share‌‌‌‌ Year ended 31 Year ended 31 3-month-pe- 3-month-pe-

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number The present securities are Quanto Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) Novo Nordisk A/S (the "Securities"). ISIN: JE00BLS2TH43 DE000GP3MYC9 WKN: GP2LLE GP3MYC Common Code: 181973005 Code:182059510 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 2022 and from the unaudited interim financial statements for the six months ended 30 June 20232024. * *As values are nil they are not included in the financial statements as of 31 December 2023 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20232024. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 (10) 78 78 (23) Total assets 46,356 34,720 16,605 39,858 49,308 Total shareholder’s equity 709 184 514 000 000 000 Cash flows from operating activities (outflow) 6 1 4 (210) 3 24 Cash flows from financing activities N/A N/A 0* 200 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 DE000GP3MYC9 WKN: GP2LLE GP3MYC Common Code: 181973005 182059510 Underlying: EURO STOXX 50® Index Novo Nordisk A/S (Price EUR) (Reuters CodeISIN: .STOXX50EDK0062498333) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NVClearstream Banking AG, 1 Boulevard du Roi Xxxxxx XXFrankfurt am Main, B-1210 BrusselsXxxxxxxxxxxxxxxxx 00, and/or Clearstream Banking00000 Xxxxxxxx, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx Xxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 150,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemedredeemed early, whereby the Settlement Amount equals the Calculation Amount multiplied by the Settlement Factor applicable to

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 DE000GP3MQQ5 WKN: GP2LLE GP3MQQ Common Code: 181973005 181991798 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 2022 and from the unaudited interim financial statements for the six months ended 30 June 20232024. * *As values are nil they are not included in the financial statements as of 31 December 2023 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20232024. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 (10) 78 78 (23) Total assets 46,356 34,720 16,605 39,858 49,308 Total shareholder’s equity 709 184 514 000 000 000 Cash flows from operating activities (outflow) 6 1 4 (210) 3 24 Cash flows from financing activities N/A N/A 0* 200 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. x Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 DE000GP3MQQ5 WKN: GP2LLE GP3MQQ Common Code: 181973005 181991798 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NVClearstream Banking AG, 1 Boulevard du Roi Xxxxxx XXFrankfurt am Main, B-1210 BrusselsXxxxxxxxxxxxxxxxx 00, and/or Clearstream Banking00000 Xxxxxxxx, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx Xxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS2W192 WKN: GP2LLE GP2LK3 Common Code: 181973005 181979119 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months 2022. Summary information – income statement Year ended 30 June 2023. * 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2023 (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(lossmillions USD) 36 78 78 (23in millions USD) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS2W192 WKN: GP2LLE GP2LK3 Common Code: 181973005 181979119 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Minimum Amount Securities linked to the EURO STOXX 50® Index MSCI World Select ESG 30 (Price EUR) Index (the "Securities"). ISIN: JE00BLS2TH43 XS2481003890 WKN: GP2LLE GK1T7Q Valor: 113596061 Common Code: 181973005 248100389 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 8 July 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxxx, Xxxxxxxx Xxxxxxxxx Xxxxxxxx Mertz and Xxxxxx XxxxxxxxXxxxxxx Xxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2020. Summary information – income statement Year ended 31 December 2021 and (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 78 38 Summary information – balance sheet As of 31 December 2021 (au- dited) As of 31 December 2020 (audited) (in millions USD) (in millions USD) Total assets 16,605 15,518 Total shareholder’s equity 184 48 Summary information – cash flow Year ended 31 December 2021 (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating ac- tivities (outflow) 4 (131) Cash flows from financing ac- tivities N/A 125 Cash flows from investing ac- tivities 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2020. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 XS2481003890 WKN: GP2LLE GK1T7Q Valor: 113596061 Common Code: 181973005 248100389 Underlying: EURO STOXX 50® Index MSCI World Select ESG 30 (Price EUR) Index (Reuters Code: .STOXX50E.MIWO000S2PEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. EUR 5,000,000 Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50S&P 500® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS2TL88 WKN: GP2LLE GP2K84 Common Code: 181973005 181492058 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) (in millions USD) As of 31 December 2022 (audited) As of 31 December 2021 (audited) As of 30 June 202(unaudited) Total assets 34,720 16,605 39,858 Total shareholder’s shareh equity 709 184 514 Cash flows from operating operat- ing activities (outflow) 1 4 3 24 Cash flows from financing financ- ing activities N/A N/A 0* 0* Cash flows from investing invest- ing activities 0* 0* 0* 0* x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. x Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS2TL88 WKN: GP2LLE GP2K84 Common Code: 181973005 181492058 Underlying: EURO STOXX 50S&P 500® Index (Price EUR) (Reuters Code: .STOXX50E.SPX) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Index MSCI World Select ESG 30 (Price EUR) Index (the "Securities"). ISIN: JE00BLS2TH43 XS2061599952 WKN: GP2LLE GK1T61 Valor: 117743196 Common Code: 181973005 206159995 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 8 July 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx- Xxxxx-Curie-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxxx, Xxxxxxxx Xxxxxxxxx Xxxxxxxx Mertz and Xxxxxx XxxxxxxxXxxxxxx Xxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2020 and 31 December 2021 2019 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2020 for each of the two years in the period ended 31 December 2022 2020 and 31 December 2021 2019 and from the unaudited interim financial statements for the six months ended 30 June 20232021. The Financial Statements 2019 of the Issuer have been prepared under United Kingdom Generally Accepted Accounting Practices ("U.K. GAAP") in accordance with FRS 101 Reduced Disclosure Framework ("FRS 101"). As such, the Issuer has prepared IFRS transition disclosures required by IFRS 1 (First-time adoption of International Financial Reporting Standards). Summary information±income statement Year ended 31 December 2020 (audited) Year ended 31 December 20 (audited) Six months ended 30 June 2021 (unaudited) Six months ended 30 June 2020 (unaudited) IFRS (in millions USD) IFRS (in millions USD) U.K. GAAP (in thousands USD) IFRS (in millions USD) IFRS (in millions USD) Selected incom statement data Operating profit/(loss) 38 (2) (1,919) 48 (12) Summary information ±balance sheet As of 31 December 2020 (audited) As of 31 December 201(audited) As of 30 June 2021 (unaudited) IFRS (in millions USD) IFRS (in millions USD) U.K. GAAP (in thousands USD) IFRS (in millions USD) Total assets 15,518 12,590 12,589,557 16,005 Total share 48 23 22,736 103 Summary information ±cash flow Year ended 31 December 2020 (audited) Year ended 31 December 20 (audited) Six months ended 30 June 2021 (unaudited) Six months ended 30 June 2020 (unaudited) IFRS (in millions USD) IFRS (in millions USD) U.K. GAAP (in thousands USD) IFRS (in millions USD) IFRS (in millions USD) Cash flows from operating activities (outflow) (131) (22) (21,192) 11 10 Cash flows from financing activities 125 25 25,000 0.0* 0.0* Cash flows from investing activities 0.0* 0.0* 0.0 0.0* 0.0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2020 and in the interim financial statements for the six months ended as 30 June 20232021. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. x Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit lioqnuiidnitGyS.G’As rcerdeudcitti ratings could adversely affect GSFCI’s liquidity and competitive a position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt marketsGSCFbIy ’ansinablilitiy tqo aucciesds uinstecyured cdeobt umalrkdets, an inability to abn ienabiliitymtop access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 XS2061599952 WKN: GP2LLE GK1T61 Valor: 117743196 Common Code: 181973005 206159995 Underlying: EURO STOXX 50® Index MSCI World Select ESG 30 (Price EUR) Index (Reuters Code: .STOXX50E.MIWO000S2PEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities EUR 5,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6B8Q46 WKN: GP2LLE GP2LPS Common Code: 181973005 181977744 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months 2022. Summary information – income statement Year ended 30 June 2023. * 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2023 (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(lossmillions USD) 36 78 78 (23in millions USD) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6B8Q46 WKN: GP2LLE GP2LPS Common Code: 181973005 181977744 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Step Up & Step Down Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 XS2688949341 WKN: GP2LLE GP2LET Common Code: 181973005 268894934 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 March 2024 23 February 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. x Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the UnderlyingStep Up & Step Down Securities. ISIN: JE00BLS2TH43 XS2688949341 WKN: GP2LLE GP2LET Common Code: 181973005 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) 268894934 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities EUR 50,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There In the case of Step Up & Step Down Securities, the Security Holder receives at maturity a Settlement Amount equal to the Nominal, subject to a termination of the Securities. Furthermore, the Security Holder receives on the Coupon Payment Date(s) an interest amount which is determined on the basis of the Nominal and a relationship between fixed coupon, i.e. the economic value Fixed Step Rate for the respective Coupon Period in the Fixed Step Rate Period (as set out below). Settlement Date: 20 December 2027 Coupon Period: Means each period commencing on (and including) the Coupon Commencement Date or any Coupon Payment Date and ending on (but excluding) the next Coupon Payment, and each Coupon Period shall commence on or end on, as the case may be, the date on which the relevant Coupon Payment Date is scheduled to fall, disregarding any adjustment in accordance with the Business Day Convention (if any). Business Day Convention: If the Coupon Payment Date falls on a date which is not a Payment Date, the Coupon Payment Date shall not be adjusted in accordance with any Business Day Convention. Nominal: EUR 1,000.00 Coupon Amount: Nominal multiplied by the Fixed Step Rate considering the Coupon Day Count Fraction (30/360) Coupon Payment Date(s): Coupon Payment Date (1): 20 December 2024 Coupon Payment Date (2): 20 December 2025 Coupon Payment Date (3): 20 December 2026 Coupon Payment Date (4): 20 December 2027 Relative seniority of the Securities The Securities of each Series constitute direct, unsecured, and the economic value unsubordinated obligations of the Underlying. The value Issuer, which rank equally among themselves and with all other present and future unsecured and unsubordinated obligations of the Security will typically fall if the price Issuer, save for those obligations that may be preferred by provisions of law that are mandatory and of general application. Restrictions on free transferability of the Underlying fallsSecurities Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF Stuttgart Stock Exchange Nature and scope of the guarantee The Securities have the characteristic such that the level obligations of Goldman Sachs Finance Corp International Ltd to pay of the Settlement Amount and any other amounts payable pursuant to the time for redemption terms and conditions of the Securities depend on whether are unconditionally and irrevocably guaranteed by the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the caseguarantee of The Goldman Sachs Group, the term Inc. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of The Goldman Sachs Group, Inc. Brief description of the Securities ends early Guarantor The Goldman Sachs Group, Inc. Legal Entity Identifier (LEI): 784F5XWPLTWKTBV3E584 The Goldman Sachs Group, Inc. is organised in the State of Delaware in the United States as a corporation pursuant to the Delaware General Corporation Law, having unlimited duration and registration number 2923466. The business address of the Securities are redeemeddirectors of The Goldman Sachs Group, Inc. is 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Xxxxxx Xxxxxx. Coupon Period Fixed Step Rate Period Fixed Step Rate 1 From (including) 20 December 2023 till (exclud- ing) 20 December 2024 2.80 per cent. per annum

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6BC064 WKN: GP2LLE GP2LJN Common Code: 181973005 181979348 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As of 31 December 2023 (audited) As of 31 December 2022 (audited) (in millions USD) (in millions USD) Total assets 46,356 34,720 Total shareholder’s equity 337 709 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating activities (outflow) 6 1 Cash flows from financing activities N/A N/A Cash flows from 0* 0* investing activities * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2023 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6BC064 WKN: GP2LLE GP2LJN Common Code: 181973005 181979348 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® MSCI World Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS3P681 WKN: GP2LLE GP3MW2 Common Code: 181973005 182058785 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 2022 and from the unaudited interim financial statements for the six months ended 30 June 20232024. * *As values are nil they are not included in the financial statements as of 31 December 2023 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20232024. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 (10) 78 78 (23) Total assets 46,356 34,720 16,605 39,858 49,308 Total shareholder’s equity 709 184 514 000 000 000 Cash flows from operating activities (outflow) 6 1 4 (210) 3 24 Cash flows from financing activities N/A N/A 0* 200 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS3P681 WKN: GP2LLE GP3MW2 Common Code: 181973005 182058785 Underlying: EURO STOXX 50® MSCI World Index (Price EUR) (Reuters Code: .STOXX50E.MIWO00000PUS) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 250,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS3JQ68 WKN: GP2LLE GP2LKC Common Code: 181973005 181982853 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 20232022. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2023 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2022. The Issuer is subject to the following key risks: Operating profit/(loss) profit 62 36 78 78 (23) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS3JQ68 WKN: GP2LLE GP2LKC Common Code: 181973005 181982853 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have In the characteristic such that the level case of Capped Minimum Amount Securities, the Settlement Amount is at least equal to the Minimum Amount and does not exceed the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Maximum Amount. The Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this Amount is the case, the term of the Securities ends early and the Securities are redeemeddetermined as follows:

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Step Up & Step Down Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 XS2688686075 WKN: GP2LLE GP2LD4 Common Code: 181973005 268868607 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 March 2024 23 February 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. x Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the UnderlyingStep Up & Step Down Securities. ISIN: JE00BLS2TH43 XS2688686075 WKN: GP2LLE GP2LD4 Common Code: 181973005 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) 268868607 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities EUR 50,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There In the case of Step Up & Step Down Securities, the Security Holder receives at maturity a Settlement Amount equal to the Nominal, subject to a termination of the Securities. Furthermore, the Security Holder receives on the Coupon Payment Date(s) an interest amount which is determined on the basis of the Nominal and a relationship between fixed coupon, i.e. the economic value Fixed Step Rate for the respective Coupon Period in the Fixed Step Rate Period (as set out below). Settlement Date: 26 February 2029 Coupon Period: Means each period commencing on (and including) the Coupon Commencement Date or any Coupon Payment Date and ending on (but excluding) the next Coupon Payment, and each Coupon Period shall commence on or end on, as the case may be, the date on which the relevant Coupon Payment Date is scheduled to fall, disregarding any adjustment in accordance with the Business Day Convention (if any). Business Day Convention: If the Coupon Payment Date falls on a date which is not a Payment Date, the Coupon Payment Date shall not be adjusted in accordance with any Business Day Convention. Nominal: EUR 1,000.00 Coupon Amount: Nominal multiplied by the Fixed Step Rate considering the Coupon Day Count Fraction (30/360) Coupon Payment Date(s): Coupon Payment Date (1): 26 February 2025 Coupon Payment Date (2): 26 February 2026 Coupon Payment Date (3): 26 February 2027 Coupon Payment Date (4): 26 February 2028 Coupon Payment Date (5): 26 February 2029 Relative seniority of the Securities The Securities of each Series constitute direct, unsecured, and the economic value unsubordinated obligations of the Underlying. The value Issuer, which rank equally among themselves and with all other present and future unsecured and unsubordinated obligations of the Security will typically fall if the price Issuer, save for those obligations that may be preferred by provisions of law that are mandatory and of general application. Restrictions on free transferability of the Underlying fallsSecurities Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF Stuttgart Stock Exchange Nature and scope of the guarantee The Securities have the characteristic such that the level obligations of Goldman Sachs Finance Corp International Ltd to pay of the Settlement Amount and any other amounts payable pursuant to the time for redemption terms and conditions of the Securities depend on whether are unconditionally and irrevocably guaranteed by the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date guarantee of The Goldman Sachs Group, Inc. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of The Goldman Sachs Group, Inc. Coupon Period Fixed Step Rate Period Fixed Step Rate 1 From ("Early Settlement Event")including) 26 February 2024 till (excluding) 26 February 2025 2.75 per cent. If this is the case, the term of the Securities ends early and the Securities are redeemedper annum

Appears in 1 contract

Samples: Step Up & Step Down Securities

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50S&P 500® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6BJ507 WKN: GP2LLE GP3MPE Common Code: 181973005 181991291 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 2022 and from the unaudited interim financial statements for the six months ended 30 June 20232024. * *As values are nil they are not included in the financial statements as of 31 December 2023 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20232024. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 (10) 78 78 (23) Total assets 46,356 34,720 16,605 39,858 49,308 Total shareholder’s equity 709 184 514 000 000 000 Cash flows from operating activities (outflow) 6 1 4 (210) 3 24 Cash flows from financing activities N/A N/A 0* 200 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6BJ507 WKN: GP2LLE GP3MPE Common Code: 181973005 181991291 Underlying: EURO STOXX 50S&P 500® Index (Price EUR) (Reuters Code: .STOXX50E.SPX) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 150,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50DAX® Index (Price EURPerformance Index) (the "Securities"). ISIN: JE00BLS2TH43 JE00BGBBF865 WKN: GP2LLE GP2LBG Common Code: 181973005 181488301 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 20232021. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2021. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business Operating profit 36 78 Total assets 34,720 16,605 Total shareholder’s equity 709 184 Cash flows from operating activities (outflow) 1 4 Cash flows from financing activities N/A N/A Cash flows from investing activities 0* 0* activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BGBBF865 WKN: GP2LLE GP2LBG Common Code: 181973005 181488301 Underlying: EURO STOXX 50DAX® Index (Price EURPerformance Index) (Reuters Code: .STOXX50E.GDAXI) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have In the characteristic such that the level case of Capped Minimum Amount Securities, the Settlement Amount is at least equal to the Minimum Amount and does not exceed the time for redemption Maximum Amount. The Settlement Amount is determined as follows: (i) If the Reference Price is equal to or below 100.00 per cent. of the Securities depend Initial Reference Price, Security Holders receive the Minimum Amount on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemedDate.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS3HR36 WKN: GP2LLE GP2LAD Valor: 127132681‌‌ Common Code: 181973005 181487836 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors Directors‌ The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 20232021. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or and in the interim financial statements for the six months ended 30 June 2023. as of 31 December 2021.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ The Issuer is subject to the following key risks: Operating profit/(loss) profit 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. investors.‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS3HR36‌ WKN: GP2LLE GP2LAD Valor: 127132681‌ Common Code: 181973005 181487836 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities 50,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment investment‌ There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Autocallable Step Up & Step Down Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 XS2482248783‌ WKN: GP2LLE GP2K81 Valor: 126293873‌ Common Code: 181973005 248224878 The Issuer Issuer‌ Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority authority‌ The Base Prospectus was approved on 13 March 2024 23 February 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors Directors‌ The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 20232021. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or and in the interim financial statements for the six months ended 30 June 2023. as of 31 December 2021.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business Operating profit 36 78 Total assets 34,720 16,605 Total shareholder’s equity 709 184 Cash flows from operating activities (outflow) 1 4 Cash flows from financing activities N/A N/A Cash flows from investing activities 0* 0* activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the UnderlyingStep Up & Step Down Securities. ISIN: JE00BLS2TH43 XS2482248783‌‌‌ WKN: GP2LLE GP2K81 Valor: 126293873‌ Common Code: 181973005 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) 248224878 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities EUR 50,000,000‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Step Up & Step Down Securities

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) Xxxxxx.xxx, Inc. (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS32F65 WKN: GP2LLE GK1T7G Valor: 117746753 Common Code: 181973005 198686778 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 8 July 2021 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxxx, Xxxxxxxx Xxxxxxxxx Xxxxxxxx Mertz and Xxxxxx XxxxxxxxXxxxxxx Xxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2020. Summary information – income statement Year ended 31 December 2021 and (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 78 38 Summary information – balance sheet As of 31 December 2021 (audited) As of 31 December 2020 (audited) (in millions USD) (in millions USD) Total assets 16,605 15,518 Total shareholder’s equity 184 48 Summary information – cash flow Year ended 31 December 2021 (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating activities (outflow) 4 (131) Cash flows from financing activities N/A 125 Cash flows from investing activities 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2020. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS32F65 WKN: GP2LLE GK1T7G Valor: 117746753 Common Code: 181973005 198686778 Underlying: EURO STOXX 50® Index Xxxxxx.xxx, Inc. (Price EUR) (Reuters CodeISIN: .STOXX50EUS0231351067) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 15,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BGBBN372 WKN: GP2LLE GK9FV3 Valor: 41819698 Common Code: 181973005 181484551 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2020. Summary information – income statement Year ended 31 December 2021 and (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 78 38 Summary information – balance sheet As of 31 December 2021 (audited) As of 31 December 2020 (audited) (in millions USD) (in millions USD) Total assets 16,605 15,518 Total shareholder’s equity 184 48 Summary information – cash flow Year ended 31 December 2021 (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating activities (outflow) 4 (131) Cash flows from financing activities N/A 125 Cash flows from investing activities 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2020. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BGBBN372 WKN: GP2LLE GK9FV3 Valor: 41819698 Common Code: 181973005 181484551 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 10,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS3Q325‌ WKN: GP2LLE GP2K8G Common Code: 181973005 181491493 The Issuer Issuer‌ Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors Directors‌ The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. 2023.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. investors.‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 WKNXX00XXX0X000 XXX: GP2LLE GP2K8G Common Code: 181973005 181491493 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment investment‌ There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) Fresenius SE & Co KGaA (the "Securities"). ISIN: JE00BLS2TH43 DE000GP2LV73 WKN: GP2LLE GP2LV7 Valor: 129583353 Common Code: 181973005 Code:181987979 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 20232022. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2023 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2022. The Issuer is subject to the following key risks: Operating profit/(loss) profit 62 36 78 78 (23) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 DE000GP2LV73 WKN: GP2LLE GP2LV7 Valor: 129583353 Common Code: 181973005 181987979 Underlying: EURO STOXX 50® Index Fresenius SE & Co KGaA (Price EUR) (Reuters CodeISIN: .STOXX50EDE0005785604) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NVClearstream Banking AG, 1 Boulevard du Roi Xxxxxx XXFrankfurt am Main, B-1210 BrusselsXxxxxxxxxxxxxxxxx 00, and/or Clearstream Banking00000 Xxxxxxxx, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx Xxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 100,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Autocallable Drop-Back Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS3KN01‌ WKN: GP2LLE GP2K9V Valor: 126293614‌ Common Code: 181973005 181487585 The Issuer Issuer‌ Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors Directors‌ The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 20232021. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or and in the interim financial statements for the six months ended 30 June 2023. as of 31 December 2021.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ The Issuer is subject to the following key risks: Operating profit/(loss) profit 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. investors.‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Autocallable Drop-Back Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS3KN01‌ WKN: GP2LLE GP2K9V Valor: 126293614‌ Common Code: 181973005 181487585 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities Securities‌ The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment investment‌ There is a relationship between the economic value of the Securities and the economic value of the Underlying. The Drop- Back Securities replicate an investment strategy that increases the investment in the Underlying in the event of a falling value of the Security will typically fall if Underlying in order to be able to participate in expected increases in the price value of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemedUnderlying.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6B3Y74 WKN: GP2LLE GP2LMU Common Code: 181973005 181974826 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6B3Y74 WKN: GP2LLE GP2LMU Common Code: 181973005 181974826 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50S&P 500® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS2TL88 WKN: GP2LLE GP2K84 Common Code: 181973005 181492058 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating operat- ing activities (outflow) 1 4 3 24 Cash flows from financing financ- ing activities N/A N/A 0* 0* Cash flows from investing invest- ing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS2TL88 WKN: GP2LLE GP2K84 Common Code: 181973005 181492058 Underlying: EURO STOXX 50S&P 500® Index (Price EUR) (Reuters Code: .STOXX50E.SPX) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6BBZ48 WKN: GP2LLE GP2LJL Common Code: 181973005 181979330 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months 2022. Summary information – income statement Year ended 30 June 2023. * 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2023 (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(lossmillions USD) 36 78 78 (23in millions USD) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6BBZ48 WKN: GP2LLE GP2LJL Common Code: 181973005 181979330 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 DE000GP2LZT4 WKN: GP2LLE GP2LZT Common Code: 181973005 181989696 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 2022 and from the unaudited interim financial statements for the six months ended 30 June 20232024. * *As values are nil they are not included in the financial statements as of 31 December 2023 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20232024. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 (10) 78 78 (23) Total assets 46,356 34,720 16,605 39,858 49,308 Total shareholder’s equity 709 184 514 000 000 000 Cash flows from operating activities (outflow) 6 1 4 (210) 3 24 Cash flows from financing activities N/A N/A 0* 200 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 DE000GP2LZT4 WKN: GP2LLE GP2LZT Common Code: 181973005 181989696 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NVClearstream Banking AG, 1 Boulevard du Roi Xxxxxx XXFrankfurt am Main, B-1210 BrusselsXxxxxxxxxxxxxxxxx 00, and/or Clearstream Banking00000 Xxxxxxxx, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx Xxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 200,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Fixed Rate Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 WKNXX00XXX00X00 XXX: GP2LLE GK1T7M Valor: 117745659 Common Code: 181973005 179022753 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 March 2024 7 April 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxxx, Xxxxxxxx Xxxxxxxxx Xxxxxxxx Mertz and Xxxxxx XxxxxxxxXxxxxxx Xxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2020. Summary information ±income statement Year ended 31 December 2021 and from the unaudited interim financial statements for the six months (audited) Year ended 30 June 2023. * 31 December 2020 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 78 38 Summary information ±balance sheet As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 (audited) As of 31 December 2020 (audited) (in the interim financial statements for the six months millions USD) (in millions USD) Total assets 16,605 15,518 7RWDO VKDUHKR 184 48 Summary information ±cash flow Year ended 30 June 2023. 31 December 2021 (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Cash flows from operating ac- tivities (outflow) 4 (131) Cash flows from financing ac- tivities N/A 125 Cash flows from investing ac- tivities 0* 0* The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. x Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive WR *6)&,¶V OLTXLGLW\ $ UHGXUFVWHLOR\Q DLIQI H*F6W* ¶*V6 )F&U,H¶G position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt marketsLWV FUHGLW ULVN *6&),¶V OLTXLGLW\ FeRbt XmaOrkGets , an inability to aEn Hina bilLityPtoS access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the UnderlyingFixed Rate Securities. ISIN: JE00BLS2TH43 WKNXX00XXX00X00 XXX: GP2LLE GK1T7M Valor: 117745659 Common Code: 181973005 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) 179022753 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 100,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect In the case of underlying instrument(sFixed Rate Securities, the Security Holder receives at maturity a Settlement Amount equal to the Calculation Amount, subject to a termination of the Securities. Furthermore, the Security Holder receives on the Coupon Payment Date(s) an interest amount which is determined on value the basis of investment There the Calculation Amount and the coupon, i.e. the Fixed Coupon Rate. Settlement Date: 25 July 2025 Fixed Coupon Rate: The Fixed Coupon Rate is 2.35 per cent. p.a. Business Day Convention: If the Coupon Payment Date falls on a relationship between date which is not a Payment Date, then the economic value Security Holder shall not be entitled to payment until the next such Payment Date in the relevant place. The Security Holder shall not be entitled to further interest or other payment in respect of such delay nor, as the case may be, shall the amount of interest to be paid be reduced due to such deferment. Calculation Amount: EUR 1,000.00 Coupon Amount: Calculation Amount multiplied by the Fixed Coupon Rate considering the Coupon Day Count Fraction (30/360 ISDA) Coupon Payment Date(s): Annually, on 25th of each July, starting on 25 July 2023 up to and including the scheduled Settlement Date, each subject to the Business Day Convention. Relative seniority of the Securities The Securities of each Series constitute direct, unsecured, and the economic value unsubordinated obligations of the Underlying. The value Issuer, which rank equally among themselves and with all other present and future unsecured and unsubordinated obligations of the Security will typically fall if the price Issuer, save for those obligations that may be preferred by provisions of law that are mandatory and of general application. Restrictions on free transferability of the Underlying fallsSecurities Subject to potential selling restrictions, the Securities will be freely transferable. Application for admission to trading on a regulated market or for trading on an MTF An admission to trading or listing of the Securities is not intended. Nature and scope of the guarantee The Securities have the characteristic such that the level obligations of Goldman Sachs Finance Corp International Ltd to pay of the Settlement Amount and any other amounts payable pursuant to the time for redemption terms and conditions of the Securities depend on whether are unconditionally and irrevocably guaranteed by the Underlying Price has reached or exceeded guarantee of The Goldman Sachs Group, Inc. The Guarantee will rank pari passu with all other unsecured and unsubordinated indebtedness of The Goldman Sachs Group, Inc. Brief description of the Settlement Level on Guarantor The Goldman Sachs Group, Inc. Legal Entity Identifier (LEI): 784F5XWPLTWKTBV3E584 The Goldman Sachs Group, Inc. is organised in the State of Delaware in the United States as a certain Valuation Date corporation pursuant to the Delaware General Corporation Law, having unlimited duration and registration number 2923466. The business address of the directors of The Goldman Sachs Group, Inc. is 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Xxxxxx Xxxxxx. Relevant key financial information of the Guarantor The following table shows selected key historical financial information prepared in accordance with accounting principles generally accepted in the United States ("Early Settlement Event")U.S. GAAP) in relation to the Guarantor which is derived from the audited consolidated financial statements as of 31 December 2021 for each of the two years in the period ended 31 December 2021 and 31 December 2020 and the unaudited consolidated financial statements for the period ended 31 March 2022: Summary information ±income statement (in millions USD, except per share Year ended 31 Year ended 31 3-month-pe- 3-month-pe- amounts) December December riod ended 31 riod ended 31 2021 (audited) 2020 (audited) March 2022 March 2021 (unaudited) (unaudited) Selected income statement data Net interest income 6,470 4,751 1,827 1,482 Commissions and fees 3,619 3,548 1,011 1,073 Provision for credit losses 357 3,098 561 -70 Total net revenues 59,339 44,560 12,933 17,704 Pre-tax earnings 27,044 12,479 4,656 8,337 Net earnings applicable to common share- holders 21,151 8,915 3,831 6,711 Earnings per common share (basic) 60.25 24.94 10.87 18.80 Summary information ±balance sheet (in millions USD) As of 31 December 2021 (audited) As of 31 December 2020 (audited) As of 31 March 2022 (unaudited) Total assets 1,463,988 1,163,028 1,589,441 Unsecured borrowings excluding subordi- nated borrowings 287,642 251,247 303,137 Subordinated borrowings 13,405 15,104 13,331 Customer and other receivables 160,673 121,331 174,637 Customer and other payables 251,931 190,658 292,981 7RWDO OLDELOLWLHV 1,463,988 1,163,028 1,589,441 (in per cent.) Common Equity Tier 1 (CET1) capital ra- tio (standardized) 14.2 14.7 14.4 Total capital ratio (standardized) 17.9 19.5 18.1 Tier 1 leverage ratio 7.3 8.1 7.1 Most material risk factors pertaining to the Guarantor The Guarantor is subject to the following key risks: x Security Holders are exposed to the creditworthiness of GSG as guarantor of the Securities. GSG faces a variety of risks that are substantial and inherent in its businesses, including the following risks: Market risks, liquidity risks, credit risks, market developments and general business environment risks, operational risks, legal and regulatory risks and competition risks. If one of these risks materializes this is may negatively affect GSG's earnings and/or finan- cial condition and, therefore, its ability to fulfil payment obligations as Guarantor under the case, Securities. In the term of event that neither GSFCI nor GSG are able to fulfil their obligations under the Securities ends early and the security holder may suffer a loss or even a total loss. The specific risk factors related to the Securities are redeemeddescribed below:

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6B9V63 WKN: GP2LLE GP2LK4 Common Code: 181973005 181979127 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months 2022. Summary information – income statement Year ended 30 June 2023. * 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2023 (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(lossmillions USD) 36 78 78 (23in millions USD) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6B9V63 WKN: GP2LLE GP2LK4 Common Code: 181973005 181979127 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Step Up & Step Down Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 XS2080902757 WKN: GP2LLE GK9FUX Valor: 41819602 Common Code: 181973005 208090275 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 March 2024 7 April 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2020. Summary information – income statement Year ended 31 December 2021 and from the unaudited interim financial statements for the six months (audited) Year ended 30 June 2023. * 31 December 2020 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 78 38 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 (audited) As of 31 December 2020 (audited) (in the interim financial statements for the six months millions USD) (in millions USD) Total assets 16,605 15,518 Total shareholder’s equity 184 48 Summary information – cash flow Year ended 30 June 2023. 31 December 2021 (audited) Year ended 31 December 2020 (audited) (in millions USD) (in millions USD) Cash flows from operating ac- tivities (outflow) 4 (131) Cash flows from financing ac- tivities N/A 125 Cash flows from investing ac- tivities 0* 0* The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the UnderlyingStep Up & Step Down Securities. ISIN: JE00BLS2TH43 XS2080902757 WKN: GP2LLE GK9FUX Valor: 41819602 Common Code: 181973005 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) 208090275 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities EUR 100,000,000 The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number The present securities are Autocallable Step Up & Step Down Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 XS2481055775 WKN: GP2LLE GK1T7V Valor: 30258294 Common Code: 181973005 248105577 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Xxxxxxx. Competent authority The Base Prospectus was approved on 13 March 2024 7 April 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2020. Summary information – income statement Year ended 31 December 2021 and (audited) Year ended 31 December 2020 (audited) IFRS (in millions USD) IFRS (in millions USD) Selected income statement data Operating profit 78 38 Summary information – balance sheet As of 31 December 2021 (audited) As of 31 December 2020 (audited) IFRS (in millions USD) IFRS (in millions USD) Total assets 16,605 15,518 Total shareholder’s equity 184 48 Summary information – cash flow Year ended 31 December 2021 (audited) Year ended 31 December 2020 (audited) IFRS (in millions USD) IFRS (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating ac- tivities (outflow) 4 (131) Cash flows from financing ac- tivities N/A 125 Cash flows from investing ac- tivities 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2020. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the UnderlyingStep Up & Step Down Securities. ISIN: JE00BLS2TH43 XS2481055775 WKN: GP2LLE GK1T7V Valor: 30258294 Common Code: 181973005 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) 248105577 Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. EUR 100,000,000 Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Step Up & Step Down Securities

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS2SV12 WKN: GP2LLE GP2LE5 Common Code: 181973005 181492635 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS2SV12 WKN: GP2LLE GP2LE5 Common Code: 181973005 181492635 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Quanto Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) Nestlé S.A. (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS2VZ62 WKN: GP2LLE GP2LQY Common Code: 181973005 181984368 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As of 31 December 2023 (audited) As of 31 December 2022 (audited) (in millions USD) (in millions USD) Total assets 46,356 34,720 Total shareholder’s equity 337 709 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating activities (outflow) 6 1 Cash flows from financing activities N/A N/A Cash flows from investing activities 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2023 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS2VZ62 WKN: GP2LLE GP2LQY Common Code: 181973005 181984368 Underlying: EURO STOXX 50® Index Nestlé S.A. (Price EUR) (Reuters CodeISIN: .STOXX50ECH0038863350) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) eBay Inc. (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6B7Y54 WKN: GP2LLE Common XX0XX0 Xxxxxx Code: 181973005 181977515 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As of 31 December 2023 (audited) As of 31 December 2022 (audited) (in millions USD) (in millions USD) Total assets 46,356 34,720 Total shareholder’s equity 337 709 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating activities (outflow) 6 1 Cash flows from financing activities N/A N/A Cash flows from investing activities 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2023 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6B7Y54 WKN: GP2LLE Common XX0XX0 Xxxxxx Code: 181973005 181977515 Underlying: EURO STOXX 50® Index eBay Inc. (Price EUR) (Reuters CodeISIN: .STOXX50EUS2786421030) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 10,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BGBBF535 WKN: GP2LLE GP2K9L Common Code: 181973005 181980672 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months 2022. Summary information – income statement Year ended 30 June 2023. * 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2023 (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(lossmillions USD) 36 78 78 (23in millions USD) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BGBBF535 WKN: GP2LLE GP2K9L Common Code: 181973005 181980672 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BKYRR613 WKN: GP2LLE GP2LMR Common Code: 181973005 181974788 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BKYRR613 WKN: GP2LLE GP2LMR Common Code: 181973005 181974788 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have In the characteristic such that the level case of Capped Minimum Amount Securities, the Settlement Amount is at least equal to the Minimum Amount and does not exceed the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Maximum Amount. The Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this Amount is the case, the term of the Securities ends early and the Securities are redeemeddetermined as follows:

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BDXBQ020 WKN: GP2LLE GP2K9Y Common Code: 181973005 181980753 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months 2022. Summary information – income statement Year ended 30 June 2023. * 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2023 (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(lossmillions USD) 36 78 78 (23in millions USD) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • The Issuer is subject to the following key risks: x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. x Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. x Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BDXBQ020 WKN: GP2LLE GP2K9Y Common Code: 181973005 181980753 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) Adidas AG (the "Securities"). ISIN: JE00BLS2TH43 DE000GP3MRM2 WKN: GP2LLE GP3MRM Common Code: 181973005 Code:181992123 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 2022 and from the unaudited interim financial statements for the six months ended 30 June 20232024. * *As values are nil they are not included in the financial statements as of 31 December 2023 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20232024. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 (10) 78 78 (23) Total assets 46,356 34,720 16,605 39,858 49,308 Total shareholder’s equity 709 184 514 000 000 000 Cash flows from operating activities (outflow) 6 1 4 (210) 3 24 Cash flows from financing activities N/A N/A 0* 200 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 DE000GP3MRM2 WKN: GP2LLE GP3MRM Common Code: 181973005 181992123 Underlying: EURO STOXX 50® Index Adidas AG (Price EUR) (Reuters CodeISIN: .STOXX50EDE000A1EWWW0) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NVClearstream Banking AG, 1 Boulevard du Roi Xxxxxx XXFrankfurt am Main, B-1210 BrusselsXxxxxxxxxxxxxxxxx 00, and/or Clearstream Banking00000 Xxxxxxxx, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx Xxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 100,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemedredeemed early, whereby the Settlement Amount equals the Calculation Amount multiplied by the Settlement Factor applicable to

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 DE000GP2LU33 WKN: GP2LLE GP2LU3 Valor: 129580561 Common Code: 181973005 181987219 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As of 31 December 2023 (audited) As of 31 December 2022 (audited) (in millions USD) (in millions USD) Total assets 46,356 34,720 Total shareholder’s equity 337 709 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating activities (outflow) 6 1 Cash flows from financing activities N/A N/A Cash flows from investing activities 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2023 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 DE000GP2LU33 WKN: GP2LLE GP2LU3 Valor: 129580561 Common Code: 181973005 181987219 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NVClearstream Banking AG, 1 Boulevard du Roi Xxxxxx XXFrankfurt am Main, B-1210 BrusselsXxxxxxxxxxxxxxxxx 00, and/or Clearstream Banking00000 Xxxxxxxx, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx Xxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS3LP99 WKN: GP2LLE GP2LMS Common Code: 181973005 181974796 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS3LP99 WKN: GP2LLE GP2LMS Common Code: 181973005 181974796 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have In the characteristic such that the level case of Capped Minimum Amount Securities, the Settlement Amount is at least equal to the Minimum Amount and does not exceed the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Maximum Amount. The Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this Amount is the case, the term of the Securities ends early and the Securities are redeemeddetermined as follows:

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6B8R52 WKN: GP2LLE GP2LPU Common Code: 181973005 181977752 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months 2022. Summary information – income statement Year ended 30 June 2023. * 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2023 (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(lossmillions USD) 36 78 78 (23in millions USD) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6B8R52 WKN: GP2LLE GP2LPU Common Code: 181973005 181977752 Underlying: EURO STOXX 50® MSCI World 4.5% Decrement Index (Price EUR) (Reuters Code: .STOXX50E.MIWO04500DEU) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS3L714 WKN: GP2LLE GP2K9A Valor: 126294170‌‌ Common Code: 181973005 181487356 The Issuer Issuer‌ Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors Directors‌ The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 20232021. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or and in the interim financial statements for the six months ended 30 June 2023. as of 31 December 2021.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ The Issuer is subject to the following key risks: Operating profit/(loss) profit 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. investors.‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS3L714‌ WKN: GP2LLE GP2K9A Valor: 126294170‌ Common Code: 181973005 181487356 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities 50,000 Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment investment‌ There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) Rheinmetall AG (the "Securities"). ISIN: JE00BLS2TH43 JE00BJRSJJ12 WKN: GP2LLE GP2LCU Common Code: 181973005 181489219 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 20232021. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2021. The Issuer is subject to the following key risks: Operating profit/(loss) profit 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BJRSJJ12 WKN: GP2LLE GP2LCU Common Code: 181973005 181489219 Underlying: EURO STOXX 50® Index Rheinmetall AG (Price EUR) (Reuters CodeISIN: .STOXX50EDE0007030009) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BGBB6X86 WKN: GP2LLE GP0TLU Common Code: 181973005 181980613 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and from the unaudited interim financial statements for the six months 2022. Summary information – income statement Year ended 30 June 2023. * 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As values are nil they are not included in the financial statements as of 31 December 2023 (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(lossmillions USD) 36 78 78 (23in millions USD) Total assets 46,356 34,720 16,605 39,858 Total shareholder’s equity 337 709 184 514 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from operating activities (outflow) 6 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BGBB6X86 WKN: GP2LLE GP0TLU Common Code: 181973005 181980613 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® MSCI India Index (Price EURUSD) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS3NX14 WKN: GP2LLE GP3MW3 Common Code: 181973005 182058793 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 2022 and from the unaudited interim financial statements for the six months ended 30 June 20232024. * *As values are nil they are not included in the financial statements as of 31 December 2023 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20232024. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 (10) 78 78 (23) Total assets 46,356 34,720 16,605 39,858 49,308 Total shareholder’s equity 709 184 514 000 000 000 Cash flows from operating activities (outflow) 6 1 4 (210) 3 24 Cash flows from financing activities N/A N/A 0* 200 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS3NX14 WKN: GP2LLE GP3MW3 Common Code: 181973005 182058793 Underlying: EURO STOXX 50® MSCI India Index (Price EURUSD) (Reuters Code: .STOXX50E.dMIIN00000PUS) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 250,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Autocallable Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS3G987‌ WKN: GP2LLE GP2LAH Valor: 127132799‌ Common Code: 181973005 181487879 The Issuer Issuer‌ Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation incorporation‌ Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors Directors‌ The directors of Goldman Sachs Finance Corp International Ltd are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 20232021. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or and in the interim financial statements for the six months ended 30 June 2023. as of 31 December 2021.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ The Issuer is subject to the following key risks: Operating profit/(loss) profit 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. investors.‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS3G987 WKN: GP2LLE GP2LAH Valor: 127132799 Common Code: 181973005 181487879 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities Securities‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment investment‌ There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemedthe

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Securities linked to the EURO STOXX 50DAX® Index (Price EURPerformance Index) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS2W648 WKN: GP2LLE GK9FVP Valor: 41820302 Common Code: 181973005 181484985 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 6 July 2022 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rie-Marie- Curie-Str. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2021 and 31 December 2021 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2021 for each of the two years in the period ended 31 December 2022 2021 and 31 December 2021 2020 and from the unaudited interim financial statements for the six months ended 30 June 20232022. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2021 and in the interim financial statements for the six months ended as of 30 June 20232022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business Operating profit/(loss) 78 38 (23) 48 Total assets 16,605 15,518 24,652 Total shareholder’s equity 184 48 817 Cash flows from operating activities (out- flow) 4 (131) 24 11 Cash flows from financing activities N/A 125 0* 0* Cash flows from investing activities 0* 0* 0* 0* activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222019. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS2W648 WKN: GP2LLE GK9FVP Valor: 41820302 Common Code: 181973005 181484985 Underlying: EURO STOXX 50DAX® Index (Price EURPerformance Index) (Reuters Code: .STOXX50E.GDAXI) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee Guaran- tee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemedredeemed early, whereby the Settlement Amount equals the Calculation Amount multiplied by the Settlement Factor applicable to

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® MSCI World Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BS6BHC31 WKN: GP2LLE GP2L13 Common Code: 181973005 181990899 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 24-28, 60439 Frankfurt, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International Bank Europe SE ("GSIGSBE") or an appropriately licensed affiliate of GSIGSBE. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate groupaffiliates. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More 0 Xxxx Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 2022 and from the unaudited interim financial statements for the six months ended 30 June 20232024. * *As values are nil they are not included in the financial statements as of 31 December 2023 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20232024. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 (10) 78 78 (23) Total assets 46,356 34,720 16,605 39,858 49,308 Total shareholder’s equity 709 184 514 000 000 000 Cash flows from operating activities (outflow) 6 1 4 (210) 3 24 Cash flows from financing activities N/A N/A 0* 200 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20222023. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BS6BHC31 WKN: GP2LLE GP2L13 Common Code: 181973005 181990899 Underlying: EURO STOXX 50® MSCI World Index (Price EUR) (Reuters Code: .STOXX50E.MIWO00000PUS) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 150,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 JE00BLS2S117 WKN: GP2LLE GP2LGR Common Code: 181973005 181493151 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 17 March 2024 2023 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 for each of the two years in the period ended 31 December 2022 and 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * As values are nil they are not included in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 2023. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 JE00BLS2S117 WKN: GP2LLE GP2LGR Common Code: 181973005 181493151 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Autocallable Quanto Capped Minimum Amount Securities linked to the EURO STOXX 50® Index a Basket of Shares and Securities representing Shares (Price EURDepositary Receipt) (ASM Pacific Technology Limited, Samsung Electronics Co Ltd - GDR, Advantest Corporation, Tokyo Electron Limited, Baidu, Inc. - ADR, Infosys Limited, Taiwan Semiconductor Manufacturing Company Ltd. - ADR and United Microelectronics Corporation) (the "Securities"). ISIN: JE00BLS2TH43 DE000GQ6SZ19 WKN: GP2LLE GQ6SZ1 Valor: 41821463 Common Code: 181973005 163611066 The Issuer Goldman Issuer‌ Xxxxxxx, Sachs Finance Corp International & Co. Wertpapier GmbH ("GSFCIGSW"). Its registered office is at 00 Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx Xxxxxxxx Xxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX Xxxxxxx and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684549300CRL28LF3CSEA14. The Offeror(s) Offeror(s)‌ Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority authority‌ The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Who is the Issuer of the Securities?‌ Domicile and legal form, legislation and country of incorporation Goldman Goldman, Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as & Co. Wertpapier GmbH is a public company with limited liability (Gesellschaft mit beschränkter Haftung) incorporated under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341laws of Germany. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI its seat in Frankfurt am Main and has been established for registered under the number HRB 34439 in the commercial register of the local court of Frankfurt am Main since 27 November 1991. The LEI of Goldman, Sachs & Co. Wertpapier GmbH is 549300CRL28LF3CSEA14. Principal Activities‌ The purpose of issuing debt Goldman, Sachs & Co. Wertpapier GmbH is to issue fungible securities (including structured notes, warrants as well as the conduct of financial transactions and certificates) auxiliary transactions for financial transactions. GSW is neither engaged in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives banking transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members as defined in Section 1 of the corporate groupGerman Banking Act nor in business operations as defined by Section 34 c of the German Industrial Code. Major Shareholders Shareholders‌ The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. The Goldman Sachs Group, Inc. Key Managing Directors Directors‌ The directors managing director (Geschäftsführer) of Goldman Goldman, Sachs Finance Corp International Ltd are Xxxxxxxx & Co. Wertpapier GmbH is Xxxxxxx Xxxxxxx, Xxxxx Xxxxxx and Xxxxxx Xxxxxxxx. Statutory Auditors The annual Auditors‌ Mazars GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft, Xxxxxxx-Xxxxx-Xxx 0, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx are the independent auditors of the Issuer and have audited the historical financial statements information of GSFCI the Issuer for the periods financial years ended 31 December 2023 and 31 December 2022 and 31 December 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX issued an unqualified auditor's report (Bestätigungsvermerk) in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Waleseach case. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived has been extracted from the audited financial statements as of the Issuer for the years ended 31 December 2023 and 31 December 2022 for each of the two years which have been prepared in accordance with rules laid down in the period German Commercial Code (HGB). Summary information – income statement (in thousands EUR)‌‌ Year ended 31 December 2023 Year ended 31 December 2022 and (audited) (audited) Selected income statement data Income taxes‌‌ -113 -103 Income after taxes / Net income for the year‌‌ 222 239 Summary information – balance sheet (in thousands EUR)‌‌ As at 31 December 2021 and from the unaudited interim financial statements for the six months ended 30 June 2023. * 2023 As values are nil they are not included in the financial statements as of at 31 December 2022 and/or (audited) (audited) Total assets‌‌ 6,085,324 7,888,236 Capital and reserves‌‌ 3,109 9,887 Summary information – cash flow (in the interim financial statements for the six months ended 30 June 2023. thousands EUR)‌‌ As at 31 December 2023 As at 31 December 2022 (audited) (audited) Cash flows from operating activities‌‌ 2,439 1,518 Cash flows from financing activities‌‌ -7,000 0 Cash flows from investing activities‌ 0 0 The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* risks:‌ • Investors are exposed to the risks relating to the creditworthiness of GSFCI GSW due to the nature of GSFCI GSW as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI fungible securities GSW does not carry out any other further operating business activities. The activity and the issued share capital of GSFCI GSW amounts to USD 10,000,000 only as at 31 December 2022EUR 51,129.19 (DM 100,000.00) only. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCIGSW, an investment in a security issued by GSFCI GSW may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI GSW due to the dependency of GSFCI GSW on hedging and related lending arrangements. To hedge its claims arising from the issued securities, GSFCI GSW enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI GSW is exposed to the risk of default and insolvency risk of the parties with whom GSFCI GSW concludes hedging transactions or related lending transactions. Since GSFCI GSW enters into such hedging and lending transactions primarily with Goldman Sachs entities, GSFCI GSW is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI GSW may directly result in an insolvency of GSFCIGSW. • Investors are exposed to the risk relating to the creditworthiness of GSFCI GSW as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI GSW may occur despite of the fact that GSFCI GSW is an indirect a subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCIGSW. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities Securities‌ The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 DE000GQ6SZ19 WKN: GP2LLE GQ6SZ1 Valor: 41821463 Common Code: 181973005 163611066 Underlying: EURO STOXX 50® Index Basket of Shares and Securities representing Shares (Price EURDepositary Receipt) : Basket Component 1: ASM Pacific Technology Limited (Reuters CodeISIN: .STOXX50EKYG0535Q1331) Basket Component 2: Samsung Electronics Co Ltd - GDR (ISIN: US7960508882) Basket Component 3: Advantest Corporation (ISIN: JP3122400009) Basket Component 4: Tokyo Electron Limited (ISIN: JP3571400005) Basket Component 5: Baidu, Inc. - ADR (ISIN: US0567521085) Basket Component 6: Infosys Limited (ISIN: US4567881085) Basket Component 7: Taiwan Semiconductor Manufacturing Company Ltd. - ADR (ISIN: US8740391003) Basket Component 8: United Microelectronics Corporation (ISIN: US9108734057) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NVClearstream Banking AG, 1 Boulevard du Roi Xxxxxx XXFrankfurt am Main, B-1210 BrusselsXxxxxxxxxxxxxxxxx 00, and/or Clearstream Banking00000 Xxxxxxxx, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx Xxxxxxx (xxx the "Relevant Clearing System"). Currency, issue size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 5,000 Securities USD 5,000,000‌ The Securities have a fixed maturity. Rights attached to the Securities Securities‌ The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Autocallable Capped Minimum Amount Securities linked to the EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: JE00BLS2TH43 WKNXX00XXXXX000 XXX: GP2LLE GP2K9P Common Code: 181973005 181980702 The Issuer Goldman Sachs Finance Corp International ("GSFCI"). Its registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX and its Legal Entity Identifier (LEI) is 549300KQWCT26VXWW684. The Offeror(s) Goldman Sachs Bank Europe SE, Legal Entity Identifier (LEI): 8IBZUGJ7JPLH368JE346; Contact details: Marienturm, Xxxxxxxxxxxx 0-00, 00000 Xxxxxxxxx xx Xxxx, Xxxxxxx Competent authority The Base Prospectus was approved on 13 March 2024 by Bundesanstalt für Finanzdienstleistungsaufsicht ("BaFin"), Ma- rieXxxxx-CurieXxxxx-StrXxx. 2400-2800, 60439 Frankfurt00000 Xxxxxxxxx, Federal Republic of Germany (phone number: +00 (0)000 00000). Domicile and legal form, legislation and country of incorporation Goldman Sachs Finance Corp International Ltd ("GSFCI") was incorporated in Jersey on 19 October 2016 as a public company with limited liability under the Companies (Jersey) Law 1991 for an unlimited duration. GSFCI's registered office is at 00 Xxxxxxxxx Xxxxxx, Xx. Xxxxxx, Xxxxxx XX0 0XX. GSFCI is registered with the Companies Registry in Jersey with registration number 122341. It has the following legal entity identifier (LEI): 549300KQWCT26VXWW684 Principal Activities GSFCI has been established for the purpose of issuing debt securities (including structured notes, warrants and certificates) in a number of European and Asian markets (e.g. Switzerland, France, The Netherlands, United Kingdom, Hong Kong and Singapore), lending and entering into derivatives transactions with its affiliates. The securities issued by GSFCI are sold to Goldman Sachs International ("GSI") or an appropriately licensed affiliate of GSI. GSFCI issues debt securities primarily to raise funding which is lent to other members of the corporate group. Major Shareholders The Issuer is a wholly-owned subsidiary of GS Global Markets, Inc. ("GS GM"). GS GM is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. All shares of the Issuer are held by GS GM. Key Managing Directors The directors of Goldman Sachs Finance Corp International Ltd Ltd. are Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxx XxxxxxxxXxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2022 2023 and 31 December 2021 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 7 More Xxxxxx Xxxxxxxxx, Xxxxxx, XX0 0XX in accordance with the laws of England. PricewaterhouseCoopers LLP is a registered member of the Institute of Chartered Accountants in England and Wales. The following table shows selected key historical financial information prepared in accordance with International Financial Reporting Standards ("IFRS") in relation to the Issuer which is derived from the audited financial statements as of 31 December 2022 2023 for each of the two years in the period ended 31 December 2022 2023 and 31 December 2021 and 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Selected income statement data Operating profit 62 36 Summary information – balance sheet As of 31 December 2023 (audited) As of 31 December 2022 (audited) (in millions USD) (in millions USD) Total assets 46,356 34,720 Total shareholder’s equity 337 709 Summary information – cash flow Year ended 31 December 2023 (audited) Year ended 31 December 2022 (audited) (in millions USD) (in millions USD) Cash flows from the unaudited interim financial statements for the six months ended 30 June 2023. operating activities (outflow) 6 1 Cash flows from financing activities N/A N/A Cash flows from investing activities 0* 0* * As values are nil they are not included in the financial statements as of 31 December 2022 and/or 2023 and in the interim financial statements for the six months ended 30 June 2023as of 31 December 2022. The Issuer is subject to the following key risks: Operating profit/(loss) 36 78 78 (23) Total assets 34,720 16,605 39,858 Total shareholder’s equity 709 184 514 Cash flows from operating activities (outflow) 1 4 3 24 Cash flows from financing activities N/A N/A 0* 0* Cash flows from investing activities 0* 0* 0* 0* • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the nature of GSFCI as an issuance vehicle with limited assets. Besides issuing debt securities, lending these proceeds to affiliates and entering into derivative transactions with affiliates for hedging purposes GSFCI does not carry out any other operating business activities. The issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2022. Investors are therefore exposed to a significantly greater credit risk by purchasing the Securities compared to securities issued by an issuer equipped with significantly more capital. In an extreme case, i.e. the insolvency of GSFCI, an investment in a security issued by GSFCI may mean the complete loss of the invested amount (risk of total loss), if the risk cannot be absorbed by a guarantee issued by The Goldman Sachs Group, Inc. ("GSG") in favor of the investors. • Investors are exposed to the risks relating to the creditworthiness of GSFCI due to the dependency of GSFCI on hedging arrangements. To hedge its claims arising from the issued securities, GSFCI enters into hedging transactions with Goldman Sachs International and potentially going forward with other Goldman Sachs entities. In connection therewith, GSFCI is exposed to the risk of default and insolvency risk of the parties with whom GSFCI concludes hedging transactions. Since GSFCI enters into such hedging transactions primarily with Goldman Sachs entities, GSFCI is exposed to a so-called cluster risk. Therefore, an illiquidity or insolvency of companies affiliated with GSFCI may directly result in an insolvency of GSFCI. • Investors are exposed to the risk relating to the creditworthiness of GSFCI as a subsidiary of GSG. GSCFI is an indirect, wholly-owned subsidiary of GSG and depends on GSG for capital. The credit ratings of GSG are important to GSFCI’s liquidity. A reduction in GSG’s credit ratings could adversely affect GSFCI’s liquidity and competitive position, increase borrowing costs or limit access to the capital markets. There is no rating of the company regarding its credit risk. GSCFI’s liquidity could be impaired by an inability to access unsecured debt markets, an inability to access funds from GSG, or unforeseen outflows of cash. An insolvency of GSFCI may occur despite of the fact that GSFCI is an indirect subsidiary of GSG. A potential failure of GSG or a company affiliated with GSG and measures taken in accordance with the U.S. Resolution Regimes may also affect GSFCI. Except for the guarantee of GSG or another Goldman Sachs entity no further credit enhancement is provided. As a consequence, in case the hedging arrangements prove to be insufficient to satisfy the claims of all holders and the guarantor fails to satisfy the liabilities arising from the guarantee, investors may lose parts of their investment or their entire investment (risk of total loss). Product type, underlying, type and class of the Securities The present Securities are Autocallable Capped Minimum Amount Securities linked to the Underlying. ISIN: JE00BLS2TH43 WKNXX00XXXXX000 XXX: GP2LLE GP2K9P Common Code: 181973005 181980702 Underlying: EURO STOXX 50® Index (Price EUR) (Reuters Code: .STOXX50E) Securities issued by the Issuer are bearer notes and will be represented by a permanent global bearer note (the "Global Bearer Note"). The Global Bearer Note is deposited with Euroclear Bank SA/NV, 1 Boulevard du Roi Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking, société anonyme, 00 Xxxxxx XX Xxxxxxx, X-0000 Xxxxxxxxxx (xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 5,000 50,000 Securities The Securities have a fixed maturity. Rights attached to the Securities The form and content of the Securities and all rights and obligations of the Issuer and of the Security Holders will be governed by, and construed in all respects in accordance with the laws of Germany. The form and content of the Guarantee and all rights and obligations arising out of or in connection with it are governed by the laws of Germany. The Securities give the right to each holder of Securities to receive a potential return on the Securities. Effect of underlying instrument(s) on value of investment There is a relationship between the economic value of the Securities and the economic value of the Underlying. The value of the Security will typically fall if the price of the Underlying falls. The Securities have the characteristic such that the level of the Settlement Amount and the time for redemption of the Securities depend on whether the Underlying Price has reached or exceeded the Settlement Level on a certain Valuation Date ("Early Settlement Event"). If this is the case, the term of the Securities ends early and the Securities are redeemed.

Appears in 1 contract

Samples: Endgültige Bedingungen