Common use of Introduction Clause in Contracts

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GP3MQQ5 WKN: GP3MQQ Common Code: 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE ("GSBE") or an appropriately licensed affiliate of GSBE. GSFCI issues debt securities primarily to raise funding which is lent to affiliates. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 2024. *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 2024. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2023. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 WKN: GP3MQQ Common Code: 181991798 Underlying: MSCI World 4.5% Decrement Index (Reuters Code: .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 Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 WKNXX00XXX0XX00 XXX: GP3MQQ GP2LGE Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 2021 and from the unaudited interim financial statements for the six months ended 30 June 20242023. ** 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 20242023. Operating profit/(loss) 62 36 78 78 (1023) 78 Total assets 46,356 34,720 49,308 16,605 39,858 Total shareholder’s equity 000 000 000 709 184 514 Cash flows from operating activities (outflow) 6 1 (210) 4 3 24 Cash flows from financing activities N/A N/A 200 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 WKNXX00XXX0XX00 XXX: GP3MQQ GP2LGE Common Code: 181991798 181493615 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS2Z328 WKN: GP3MQQ GK9FVM Valor: 41819947 Common Code: 181991798 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"), XxxxxMarie- Curie-Xxxxx-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2021 and 31 December 2022 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2021 for each of the two years in the period ended 31 December 2023 2021 and 31 December 2022 2020 and from the unaudited interim financial statements for the six months ended 30 June 20242022. ** As values are nil they are not included in the financial statements as of 31 December 2023 2021 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended as of 30 June 20242022. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS2Z328 WKN: GP3MQQ GK9FVM Valor: 41819947 Common Code: 181991798 181484756 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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 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 Capped Minimum Amount Drop-Back Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BKYRRC75‌ WKN: GP3MQQ GP2K67 Valor: 125102501‌ Common Code: 181991798 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"), XxxxxMa- rie-XxxxxCurie-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2023 2021 and 31 December 2022 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2021 for each of the two years in the period ended 31 December 2023 2021 and 31 December 2022 2020 and from the unaudited interim financial statements for the six months ended 30 June 20242022. ** As values are nil they are not included in the financial statements as of 31 December 2023 2021 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended as of 30 June 2024. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 200 0* Cash flows from investing activities 0* 0* 0* 0* 2022.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ The Issuer is subject to the following key risks: x 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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. 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 Securities‌ The present Securities are Capped Minimum Amount Drop-Back Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BKYRRC75‌ WKN: GP3MQQ GP2K67 Valor: 125102501‌ Common Code: 181991798 181486562 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 Securities 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 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 this Underlying. The Securities are characterised by the fact that the level of the Settlement Amount of Drop-Back Securities depends on the performance of the Underlying falls.and whether and/or how many Drop-Back Barrier Events have occurred during the term. Drop-Back Securities have the characteristic such that at the beginning of the term only a part of the Calculation Amount, the so-called Initial Investment Amount, is invested in the Underlying. From the remaining part of the Calculation Amount, the so-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 Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GP3MQQ5 JE00BS6B8R52 WKN: GP3MQQ GP2LPU Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 2024. *(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 and in the financial statements as (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2024. Operating profit/(lossmillions USD) 62 36 (10in millions USD) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 337 709 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 operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BS6B8R52 WKN: GP3MQQ GP2LPU Common Code: 181991798 181977752 Underlying: MSCI World 4.5% Decrement Index (Reuters Code: .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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS2S117 WKN: GP3MQQ GP2LGR Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 2021 and from the unaudited interim financial statements for the six months ended 30 June 20242023. ** 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 20242023. Operating profit/(loss) 62 36 78 78 (1023) 78 Total assets 46,356 34,720 49,308 16,605 39,858 Total shareholder’s equity 000 000 000 709 184 514 Cash flows from operating activities (outflow) 6 1 (210) 4 3 24 Cash flows from financing activities N/A N/A 200 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS2S117 WKN: GP3MQQ GP2LGR Common Code: 181991798 181493151 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BS6B9R28 WKN: GP3MQQ GP2K7G‌ Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited)‌ Year ended 31 December 2022 and (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 2024. *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 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 20242022. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 200 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: x 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Securities‌ The present Securities are Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BS6B9R28‌ WKN: GP3MQQ GP2K7G Common Code: 181991798 181978252 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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. 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BGBBN372 WKN: GP3MQQ GK9FV3 Valor: 41819698 Common Code: 181991798 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"), XxxxxMarie- Curie-Xxxxx-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2021 and 31 December 2022 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2021 for each of the two years in the period ended 31 December 2023 2021 and 31 December 2022 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 2024. *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 2023 2021 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20242020. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BGBBN372 WKN: GP3MQQ GK9FV3 Valor: 41819698 Common Code: 181991798 181484551 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BS6B8Q46 WKN: GP3MQQ GP2LPS Common Code: 181991798 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"), XxxxxMa- rie-XxxxxCurie-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 2024. *(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 and in the financial statements as (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2024. Operating profit/(lossmillions USD) 62 36 (10in millions USD) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 337 709 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 operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BS6B8Q46 WKN: GP3MQQ GP2LPS Common Code: 181991798 181977744 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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, 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS2W192 WKN: GP3MQQ GP2LK3 Common Code: 181991798 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"), XxxxxMa- rie-XxxxxCurie-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 2024. *(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 and in the financial statements as (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2024. Operating profit/(lossmillions USD) 62 36 (10in millions USD) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 337 709 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 operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS2W192 WKN: GP3MQQ GP2LK3 Common Code: 181991798 181979119 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GP3MQQ5 JE00BDXBQ020 WKN: GP3MQQ GP2K9Y Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 2024. *(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 and in the financial statements as (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2024. Operating profit/(lossmillions USD) 62 36 (10in millions USD) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 337 709 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 operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BDXBQ020 WKN: GP3MQQ GP2K9Y Common Code: 181991798 181980753 Underlying: MSCI World 4.5% Decrement Index (Reuters Code: .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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GP3MQQ5 DE000GP2LU33 WKN: GP3MQQ GP2LU3 Valor: 129580561 Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE ("GSBE") or an appropriately licensed affiliate of GSBE. GSFCI issues debt securities primarily to raise funding which is lent to affiliates. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 and (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 2024. *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 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 20242022. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2023. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 DE000GP2LU33 WKN: GP3MQQ GP2LU3 Valor: 129580561 Common Code: 181991798 181987219 Underlying: MSCI World 4.5% Decrement Index (Reuters Code: .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 Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS3LP99 WKN: GP3MQQ GP2LMS Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 2021 and from the unaudited interim financial statements for the six months ended 30 June 20242023. ** 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 20242023. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 78 78 (1023) 78 Total assets 46,356 34,720 49,308 16,605 39,858 Total shareholder’s equity 000 000 000 709 184 514 Cash flows from operating activities (outflow) 6 1 (210) 4 3 24 Cash flows from financing activities N/A N/A 200 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS3LP99 WKN: GP3MQQ GP2LMS Common Code: 181991798 181974796 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.. In the case of Capped Minimum Amount Securities, the Settlement Amount is at least equal to the Minimum Amount and does not exceed the Maximum Amount. The Settlement Amount is determined as follows:

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement Index DAX® (Performance Index) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BGBBF865 WKN: GP3MQQ GP2LBG Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 20242021. ** As values are nil they are not included in the financial statements as of 31 December 2023 2022 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20242021. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BGBBF865 WKN: GP3MQQ GP2LBG Common Code: 181991798 181488301 Underlying: MSCI World 4.5% Decrement Index DAX® (Performance Index) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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. In the case of Capped Minimum Amount Securities, the Settlement Amount is at least equal to the Minimum Amount and does not exceed the 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 Initial Reference Price, Security Holders receive the Minimum Amount on the Settlement Date.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS3Q325‌ WKN: GP3MQQ GP2K8G Common Code: 181991798 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"), XxxxxMa- rie-XxxxxCurie-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 2021 and from the unaudited interim financial statements for the six months ended 30 June 20242023. ** 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 2024. 2023.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 78 78 (1023) 78 Total assets 46,356 34,720 49,308 16,605 39,858 Total shareholder’s equity 000 000 000 709 184 514 Cash flows from operating activities (outflow) 6 1 (210) 4 3 24 Cash flows from financing activities N/A N/A 200 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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.‌ • 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 Securities‌ The present Securities are Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 WKNXX00XXX0X000 XXX: GP3MQQ GP2K8G Common Code: 181991798 181491493 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 Securities 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 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 Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 DE000GP2LZT4 WKN: GP3MQQ GP2LZT Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE ("GSBE") or an appropriately licensed affiliate of GSBE. GSFCI issues debt securities primarily to raise funding which is lent to affiliates. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 2024. *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 2024. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2023. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 DE000GP2LZT4 WKN: GP3MQQ GP2LZT Common Code: 181991798 181989696 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 200,000 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement Index DAX® (Performance Index) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS31711 WKN: GP3MQQ GK1T8A Valor: 119840752 Common Code: 181991798 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"), XxxxxMarie- Curie-Xxxxx-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2021 and 31 December 2022 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2021 for each of the two years in the period ended 31 December 2023 2021 and 31 December 2022 and 2020. Summary information – income statement Year ended 31 December 2021 (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 2024. *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 2023 2021 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20242020. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS31711 WKN: GP3MQQ GK1T8A Valor: 119840752 Common Code: 181991798 239024793 Underlying: MSCI World 4.5% Decrement Index DAX® (Performance Index) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BGBBCB82 WKN: GP3MQQ GZ4V1L Valor: 41820435 Common Code: 181991798 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"), XxxxxMarie- Curie-Xxxxx-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2021 and 31 December 2022 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2021 for each of the two years in the period ended 31 December 2023 2021 and 31 December 2022 2020 and from the unaudited interim financial statements for the six months ended 30 June 20242022. ** As values are nil they are not included in the financial statements as of 31 December 2023 2021 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended as of 30 June 20242022. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BGBBCB82 WKN: GP3MQQ GZ4V1L Valor: 41820435 Common Code: 181991798 181485957 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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 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 Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement Index FTIF - Franklin U.S. Opportunities Fund (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS2XG14 WKN: GP3MQQ GP3MRG Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE ("GSBE") or an appropriately licensed affiliate of GSBE. GSFCI issues debt securities primarily to raise funding which is lent to affiliates. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 2024. *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 2024. Operating profit/(loss) 62 36 (10) 78 (in 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 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2023. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS2XG14 WKN: GP3MQQ GP3MRG Common Code: 181991798 181992077 Underlying: MSCI World 4.5% Decrement Index FTIF - Franklin U.S. Opportunities Fund (Reuters CodeISIN: .MIWO04500DEULU0109391861) 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, 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 50,000 150,000 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS3HR36 WKN: GP3MQQ GP2LAD Valor: 127132681‌‌ Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 20242021. ** As values are nil they are not included in the financial statements as of 31 December 2023 2022 and in the financial statements as of 31 December 2022 and/or in 2021.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ The Issuer is subject to the interim financial statements for the six months ended 30 June 2024. following key risks: Operating profit/(loss) 62 profit 36 (10) 78 Total assets 46,356 34,720 49,308 16,605 Total shareholder’s equity 000 000 000 709 184 Cash flows from operating activities (outflow) 6 1 (210) 3 4 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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.‌ • 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 Securities‌ The present Securities are Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS3HR36‌ WKN: GP3MQQ GP2LAD Valor: 127132681‌ Common Code: 181991798 181487836 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GP3MQQ5 JE00BS6B6R13 WKN: GP3MQQ GP2LNK‌ Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 2021 and from the unaudited interim financial statements for the six months ended 30 June 20242023. ** 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 2024. 2023.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ Operating profit/(loss) 62 36 78 78 (1023) 78 Total assets 46,356 34,720 49,308 16,605 39,858 Total shareholder’s equity 000 000 000 709 184 514 Cash flows from operating activities (outflow) 6 1 (210) 4 3 24 Cash flows from financing activities N/A N/A 200 0* 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: x 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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). What are the main features of the Securities?‌ Product type, underlying, type and class of the Securities The present Securities are Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BS6B6R13‌ WKN: GP3MQQ GP2LNK Common Code: 181991798 181976420 Underlying: MSCI World 4.5% Decrement Index (Reuters Code: .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, 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the "Relevant Clearing System"). Currency, issue size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement Index Palo Alto Networks, Inc. (the "Securities"). ISIN: DE000GP3MQQ5 JE00BGBB9V77 WKN: GP3MQQ GZ4V0X Valor: 34130006 Common Code: 181991798 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"), XxxxxMarie- Curie-Xxxxx-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2021 and 31 December 2022 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2021 for each of the two years in the period ended 31 December 2023 2021 and 31 December 2022 2020 and from the unaudited interim financial statements for the six months ended 30 June 20242022. ** As values are nil they are not included in the financial statements as of 31 December 2023 2021 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended as of 30 June 20242022. Operating profit/(loss) 62 36 78 38 (1023) 78 48 Total assets 46,356 34,720 49,308 16,605 15,518 24,652 Total shareholder’s equity 000 000 000 184 48 817 Cash flows from operating activities (outflow) 6 1 4 (210131) 3 24 11 Cash flows from financing activities N/A N/A 200 125 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BGBB9V77 WKN: GP3MQQ GZ4V0X Valor: 34130006 Common Code: 181991798 181485736 Underlying: MSCI World 4.5% Decrement Index Palo Alto Networks, Inc. (Reuters CodeISIN: .MIWO04500DEUUS6974351057) 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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the 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: 50,000 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BGBB6X86 WKN: GP3MQQ GP0TLU Common Code: 181991798 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"), XxxxxMa- rie-XxxxxCurie-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 2024. *(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 and in the financial statements as (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2024. Operating profit/(lossmillions USD) 62 36 (10in millions USD) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 337 709 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 operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BGBB6X86 WKN: GP3MQQ GP0TLU Common Code: 181991798 181980613 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS2TH43 WKN: GP3MQQ GP2LLE Common Code: 181991798 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"), XxxxxMa- rie-XxxxxCurie-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 2021 and from the unaudited interim financial statements for the six months ended 30 June 20242023. ** 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 20242023. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 78 78 (1023) 78 Total assets 46,356 34,720 49,308 16,605 39,858 Total shareholder’s equity 000 000 000 709 184 514 Cash flows from operating activities (outflow) 6 1 (210) 4 3 24 Cash flows from financing activities N/A N/A 200 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS2TH43 WKN: GP3MQQ GP2LLE Common Code: 181991798 181973005 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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 Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement Select ESG 30 (Price EUR) Index (the "Securities"). ISIN: DE000GP3MQQ5 XS2061599952 WKN: GP3MQQ GK1T61 Valor: 117743196 Common Code: 181991798 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"), Xxxxx-Xxxxx- Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx XxxxxXxxxx Xxxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx Xxxxxxxxx Xxxxxxxx Mertz and Xxxxxxx Xxx Xxx XxxxXxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2020 and 31 December 2022 2019 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 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 2023 2020 for each of the two years in the period ended 31 December 2023 2020 and 31 December 2022 2019 and from the unaudited interim financial statements for the six months ended 30 June 20242021. *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 2023 2020 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended as 30 June 20242021. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 XS2061599952 WKN: GP3MQQ GK1T61 Valor: 117743196 Common Code: 181991798 206159995 Underlying: MSCI World 4.5% Decrement Select ESG 30 (Price EUR) Index (Reuters Code: .MIWO04500DEU.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, 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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.

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GP3MQQ5 DE000GP2LUB3 WKN: GP3MQQ GP2LUB Valor: 129580433 Common Code: 181991798 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"), XxxxxMa- rie-XxxxxCurie-XxxStr. 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 Bank Europe SE ("GSBE") or an appropriately licensed affiliate of GSBE. GSFCI issues debt securities primarily to raise funding which is lent to affiliates. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 and (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 2024. *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 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 20242022. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2023. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 DE000GP2LUB3 WKN: GP3MQQ GP2LUB Valor: 129580433 Common Code: 181991798 181986921 Underlying: MSCI World 4.5% Decrement Index (Reuters Code: .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 Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS3JQ68 WKN: GP3MQQ GP2LKC Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE ("GSBE") or an appropriately licensed affiliate of GSBE. GSFCI issues debt securities primarily to raise funding which is lent to affiliates. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 20242022. ** 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 2022. The Issuer is subject to the interim financial statements for the six months ended 30 June 2024. following key risks: Operating profit/(loss) profit 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 337 709 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2023. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS3JQ68 WKN: GP3MQQ GP2LKC Common Code: 181991798 181982853 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.. In the case of Capped Minimum Amount Securities, the Settlement Amount is at least equal to the Minimum Amount and does not exceed the Maximum Amount. The Settlement Amount is determined as follows:

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BS6B6Y89 WKN: GP3MQQ GP2LNU Common Code: 181991798 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"), XxxxxMa- rie-XxxxxCurie-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 2021 and from the unaudited interim financial statements for the six months ended 30 June 20242023. ** 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 20242023. Operating profit/(loss) 62 36 78 78 (1023) 78 Total assets 46,356 34,720 49,308 16,605 39,858 Total shareholder’s equity 000 000 000 709 184 514 Cash flows from operating activities (outflow) 6 1 (210) 4 3 24 Cash flows from financing activities N/A N/A 200 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BS6B6Y89 WKN: GP3MQQ GP2LNU Common Code: 181991798 181976535 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement Select ESG 30 (Price EUR) Index (the "Securities"). ISIN: DE000GP3MQQ5 XS2481003890 WKN: GP3MQQ GK1T7Q Valor: 113596061 Common Code: 181991798 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"), XxxxxMarie- Curie-Xxxxx-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx XxxxxXxxxx Xxxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx Xxxxxxxxx Xxxxxxxx Mertz and Xxxxxxx Xxx Xxx XxxxXxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2021 and 31 December 2022 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2021 for each of the two years in the period ended 31 December 2023 2021 and 31 December 2022 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 (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 2024. *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 2023 2021 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20242020. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 XS2481003890 WKN: GP3MQQ GK1T7Q Valor: 113596061 Common Code: 181991798 248100389 Underlying: MSCI World 4.5% Decrement Select ESG 30 (Price EUR) Index (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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.

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GP3MQQ5 JE00BS6B8193 WKN: GP3MQQ GP2LPE Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 2024. *(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 and in the financial statements as (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2024. Operating profit/(lossmillions USD) 62 36 (10in millions USD) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 337 709 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 operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BS6B8193 WKN: GP3MQQ GP2LPE Common Code: 181991798 181977639 Underlying: MSCI World 4.5% Decrement Index (Reuters Code: .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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GP3MQQ5 JE00BS6B9V63 WKN: GP3MQQ GP2LK4 Common Code: 181991798 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"), XxxxxMa- rie-XxxxxCurie-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 2024. *(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 and in the financial statements as (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2024. Operating profit/(lossmillions USD) 62 36 (10in millions USD) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 337 709 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 operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BS6B9V63 WKN: GP3MQQ GP2LK4 Common Code: 181991798 181979127 Underlying: MSCI World 4.5% Decrement Index (Reuters Code: .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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Quanto Autocallable Securities linked to the MSCI World 4.5% Decrement S&P 500® Index (the "Securities"). ISIN: DE000GP3MQQ5 JE00BGBB9G27 WKN: GP3MQQ GZ4V1P Valor: 34129977 Common Code: 181991798 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"), XxxxxMarie- Curie-Xxxxx-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2021 and 31 December 2022 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2021 for each of the two years in the period ended 31 December 2023 2021 and 31 December 2022 2020 and from the unaudited interim financial statements for the six months ended 30 June 20242022. ** As values are nil they are not included in the financial statements as of 31 December 2023 2021 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended as of 30 June 20242022. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BGBB9G27 WKN: GP3MQQ GZ4V1P Valor: 34129977 Common Code: 181991798 181485728 Underlying: MSCI World 4.5% Decrement S&P 500® Index (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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 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 Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement Index DAX® (Performance Index) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS2W648 WKN: GP3MQQ GK9FVP Valor: 41820302 Common Code: 181991798 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"), XxxxxMarie- Curie-Xxxxx-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2021 and 31 December 2022 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2021 for each of the two years in the period ended 31 December 2023 2021 and 31 December 2022 2020 and from the unaudited interim financial statements for the six months ended 30 June 20242022. ** As values are nil they are not included in the financial statements as of 31 December 2023 2021 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended as of 30 June 20242022. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS2W648 WKN: GP3MQQ GK9FVP Valor: 41820302 Common Code: 181991798 181484985 Underlying: MSCI World 4.5% Decrement Index DAX® (Performance Index) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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 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 Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GP3MQQ5 JE00BKYRR613 WKN: GP3MQQ GP2LMR Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 2021 and from the unaudited interim financial statements for the six months ended 30 June 20242023. ** 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 20242023. The Issuer is subject to the following key risks: Operating profit/(loss) 62 36 78 78 (1023) 78 Total assets 46,356 34,720 49,308 16,605 39,858 Total shareholder’s equity 000 000 000 709 184 514 Cash flows from operating activities (outflow) 6 1 (210) 4 3 24 Cash flows from financing activities N/A N/A 200 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BKYRR613 WKN: GP3MQQ GP2LMR Common Code: 181991798 181974788 Underlying: MSCI World 4.5% Decrement Index (Reuters Code: .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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.. In the case of Capped Minimum Amount Securities, the Settlement Amount is at least equal to the Minimum Amount and does not exceed the Maximum Amount. The Settlement Amount is determined as follows:

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement S&P 500® Index (the "Securities"). ISIN: DE000GP3MQQ5 JE00BS6BCL76 WKN: GP3MQQ GP2LWC Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE ("GSBE") or an appropriately licensed affiliate of GSBE. GSFCI issues debt securities primarily to raise funding which is lent to affiliates. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 2024. *(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 and in the financial statements as (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2024. Operating profit/(lossmillions USD) 62 36 (10in millions USD) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 337 709 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 operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2023. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BS6BCL76 WKN: GP3MQQ GP2LWC Common Code: 181991798 181988029 Underlying: MSCI World 4.5% Decrement S&P 500® Index (Reuters Code: .MIWO04500DEU.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, 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro US-Dollar ("EURUSD"). Issue Size: 50,000 150,000 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.

Appears in 1 contract

Samples: Final Terms

Introduction. Description and securities identification number number‌ The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS3G987‌ WKN: GP3MQQ GP2LAH Valor: 127132799‌ Common Code: 181991798 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"), XxxxxMa- rie-XxxxxCurie-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 20242021. ** As values are nil they are not included in the financial statements as of 31 December 2023 2022 and in the financial statements as of 31 December 2022 and/or in 2021.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ The Issuer is subject to the interim financial statements for the six months ended 30 June 2024. following key risks: Operating profit/(loss) 62 profit 36 (10) 78 Total assets 46,356 34,720 49,308 16,605 Total shareholder’s equity 000 000 000 709 184 Cash flows from operating activities (outflow) 6 1 (210) 3 4 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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.‌ • 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 Securities‌ The present Securities are Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS3G987 WKN: GP3MQQ GP2LAH Valor: 127132799 Common Code: 181991798 181487879 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 Securities 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 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

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS2T529 WKN: GP3MQQ GZ4V1S Valor: 34129586 Common Code: 181991798 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"), XxxxxMarie- Curie-Xxxxx-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2021 and 31 December 2022 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2021 for each of the two years in the period ended 31 December 2023 2021 and 31 December 2022 2020 and from the unaudited interim financial statements for the six months ended 30 June 20242022. ** As values are nil they are not included in the financial statements as of 31 December 2023 2021 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended as of 30 June 20242022. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS2T529 WKN: GP3MQQ GZ4V1S Valor: 34129586 Common Code: 181991798 181485515 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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. In the case of Capped Minimum Amount Securities, the Settlement Amount is at least equal to the Minimum Amount and does not exceed the Maximum Amount. The Settlement Amount is determined as follows: (i) If the Reference Price is equal to or below the Initial Reference Price, Security Holders receive the Minimum Amount on the Settlement Date.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Capped Minimum Amount Drop-Back Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS3KN01‌ WKN: GP3MQQ GP2K9V Valor: 126293614‌ Common Code: 181991798 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"), XxxxxMa- rie-XxxxxCurie-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 20242021. ** As values are nil they are not included in the financial statements as of 31 December 2023 2022 and in the financial statements as of 31 December 2022 and/or in 2021.‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌ The Issuer is subject to the interim financial statements for the six months ended 30 June 2024. following key risks: Operating profit/(loss) 62 profit 36 (10) 78 Total assets 46,356 34,720 49,308 16,605 Total shareholder’s equity 000 000 000 709 184 Cash flows from operating activities (outflow) 6 1 (210) 3 4 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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.‌ • 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 Securities‌ The present Securities are Capped Minimum Amount Drop-Back Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS3KN01‌ WKN: GP3MQQ GP2K9V Valor: 126293614‌ Common Code: 181991798 181487585 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 Securities 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 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GP3MQQ5 JE00BS6B7R87 WKN: GP3MQQ GP2LPB Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 2024. *(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 and in the financial statements as (audited) As of 31 December 2022 and/or (audited) (in the interim financial statements for the six months ended 30 June 2024. Operating profit/(lossmillions USD) 62 36 (10in millions USD) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 337 709 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 operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BS6B7R87 WKN: GP3MQQ GP2LPB Common Code: 181991798 181977582 Underlying: MSCI World 4.5% Decrement Index (Reuters Code: .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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number number‌ The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement STOXX Global Select Dividend 100 Index (EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS31C69 WKN: GP3MQQ GK1T77 Valor: 41819514‌‌ Common Code: 181991798 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"), XxxxxMarie- Curie-Xxxxx-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors Auditors‌ The annual financial statements of GSFCI for the periods ended 31 December 2023 2021 and 31 December 2022 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2021 for each of the two years in the period ended 31 December 2023 2021 and 31 December 2022 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 2024. *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 2023 2021 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended 30 June 20242020. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 200 0* Cash flows from investing activities 0* 0* 0* 0* The Issuer is subject to the following key risks: x 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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 Securities‌ The present Securities are Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS31C69‌ WKN: GP3MQQ GK1T77 Valor: 41819514‌ Common Code: 181991798 181484373 Underlying: MSCI World 4.5% Decrement STOXX Global Select Dividend 100 Index (EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities Securities‌ The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS2T305 WKN: GP3MQQ GZ4V0M Valor: 34129610 Common Code: 181991798 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"), XxxxxMarie- Curie-Xxxxx-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2021 and 31 December 2022 2020 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2021 for each of the two years in the period ended 31 December 2023 2021 and 31 December 2022 2020 and from the unaudited interim financial statements for the six months ended 30 June 20242022. ** As values are nil they are not included in the financial statements as of 31 December 2023 2021 and in the financial statements as of 31 December 2022 and/or in the interim financial statements for the six months ended as of 30 June 20242022. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS2T305 WKN: GP3MQQ GZ4V0M Valor: 34129610 Common Code: 181991798 181485540 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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 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 Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement Index DAX® (Performance Index) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS3LL51 WKN: GP3MQQ GP2K9D Valor: 126294297 Common Code: 181991798 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"), XxxxxMa- rie-XxxxxCurie-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 20242021. ** As values are nil they are not included in the financial statements as of 31 December 2023 2022 and in the financial statements as of 31 December 2022 and/or in 2021. The Issuer is subject to the interim financial statements for the six months ended 30 June 2024. following key risks: Operating profit/(loss) 62 profit 36 (10) 78 Total assets 46,356 34,720 49,308 16,605 Total shareholder’s equity 000 000 000 709 184 Cash flows from operating activities (outflow) 6 1 (210) 3 4 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232019. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 WKNXX00XXX0XX00 XXX: GP3MQQ GP2K9D Valor: 126294297 Common Code: 181991798 181487399 Underlying: MSCI World 4.5% Decrement Index DAX® (Performance Index) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement Index Fresenius SE & Co KGaA (the "Securities"). ISIN: DE000GP3MQQ5 DE000GP2LV73 WKN: GP3MQQ GP2LV7 Valor: 129583353 Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE ("GSBE") or an appropriately licensed affiliate of GSBE. GSFCI issues debt securities primarily to raise funding which is lent to affiliates. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 20242022. ** 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 20242022. Operating profit/(loss) profit 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 337 709 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2023. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 DE000GP2LV73 WKN: GP3MQQ GP2LV7 Valor: 129583353 Common Code: 181991798 181987979 Underlying: MSCI World 4.5% Decrement Index Fresenius SE & Co KGaA (Reuters CodeISIN: .MIWO04500DEUDE0005785604) 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 Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 100,000 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GP3MQQ5 JE00BS6BC064 WKN: GP3MQQ GP2LJN Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 and (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 2024. *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 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 20242022. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BS6BC064 WKN: GP3MQQ GP2LJN Common Code: 181991798 181979348 Underlying: MSCI World 4.5% Decrement Index (Reuters Code: .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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 WKNXX00XXXXX000 XXX: GP3MQQ GP2K9P Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 and (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 2024. *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 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 20242022. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 WKNXX00XXXXX000 XXX: GP3MQQ GP2K9P Common Code: 181991798 181980702 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement Index (the "Securities"). ISIN: DE000GP3MQQ5 DE000GP3MQA9 WKN: GP3MQQ GP3MQA Common Code: 181991798 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"), XxxxxMa- rie-XxxxxCurie-XxxStr. 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 Bank Europe SE ("GSBE") or an appropriately licensed affiliate of GSBE. GSFCI issues debt securities primarily to raise funding which is lent to affiliates. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022 and from the unaudited interim financial statements for the six months ended 30 June 2024. *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 2024. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2023. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 DE000GP3MQA9 WKN: GP3MQQ GP3MQA Common Code: 181991798 181991631 Underlying: MSCI World 4.5% Decrement Index (Reuters Code: .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 Clearstream Banking AG, Frankfurt am Main, Xxxxxxxxxxxxxxxxx 00, 00000 Xxxxxxxx, Xxxxxxx (the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS2SV12 WKN: GP3MQQ GP2LE5 Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother members of the corporate group. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 2021 and from the unaudited interim financial statements for the six months ended 30 June 20242023. ** 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 20242023. Operating profit/(loss) 62 36 78 78 (1023) 78 Total assets 46,356 34,720 49,308 16,605 39,858 Total shareholder’s equity 000 000 000 709 184 514 Cash flows from operating activities (outflow) 6 1 (210) 4 3 24 Cash flows from financing activities N/A N/A 200 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS2SV12 WKN: GP3MQQ GP2LE5 Common Code: 181991798 181492635 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue issues size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Quanto Autocallable Securities linked to the MSCI World 4.5% Decrement Index Nestlé S.A. (the "Securities"). ISIN: DE000GP3MQQ5 JE00BLS2VZ62 WKN: GP3MQQ GP2LQY Common Code: 181991798 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"), Xxxxx-Xxxxx-Xxx. 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 Bank Europe SE ("GSBE") or an appropriately licensed affiliate of GSBE. GSFCI issues debt securities primarily to raise funding which is lent to affiliates. 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx Xxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 and 31 December 2022 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 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 2023 for each of the two years in the period ended 31 December 2023 and 31 December 2022. Summary information – income statement Year ended 31 December 2023 (audited) Year ended 31 December 2022 and (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 2024. *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 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 20242022. Operating profit/(loss) 62 36 (10) 78 Total assets 46,356 34,720 49,308 Total shareholder’s equity 000 000 000 Cash flows from operating activities (outflow) 6 1 (210) 3 Cash flows from financing activities N/A N/A 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 authorised share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 2023. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BLS2VZ62 WKN: GP3MQQ GP2LQY Common Code: 181991798 181984368 Underlying: MSCI World 4.5% Decrement Index Nestlé S.A. (Reuters CodeISIN: .MIWO04500DEUCH0038863350) 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, 0 Xxxxxxxxx xx Xxx Xxxxxx XX, B-1210 Brussels, and/or Clearstream Banking AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 50,000 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.

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Samples: Endgültige Bedingungen

Introduction. Description and securities identification number The present securities are Capped Minimum Amount Autocallable Securities linked to the MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (the "Securities"). ISIN: DE000GP3MQQ5 JE00BS6B3Y74 WKN: GP3MQQ GP2LMU Common Code: 181991798 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"), XxxxxMa- rie-XxxxxCurie-XxxStr. 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 Bank Europe SE International ("GSBEGSI") or an appropriately licensed affiliate of GSBEGSI. GSFCI issues debt securities primarily to raise funding which is lent to affiliatesother 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 Xxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, Xxxxx Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxx XxXxxxx, Xx Xxxxxxxx and Xxxxxxx Xxx Xxx XxxxXxxxxx Xxxxxxxx. Statutory Auditors The annual financial statements of GSFCI for the periods ended 31 December 2023 2022 and 31 December 2022 2021 have been audited without qualification by PricewaterhouseCoopers LLP, Chartered Accountants and Statutory Auditors, 0 Xxxx 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 2023 2022 for each of the two years in the period ended 31 December 2023 2022 and 31 December 2022 2021 and from the unaudited interim financial statements for the six months ended 30 June 20242023. ** 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 20242023. Operating profit/(loss) 62 36 78 78 (1023) 78 Total assets 46,356 34,720 49,308 16,605 39,858 Total shareholder’s equity 000 000 000 709 184 514 Cash flows from operating activities (outflow) 6 1 (210) 4 3 24 Cash flows from financing activities N/A N/A 200 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 authorised issued share capital of GSFCI amounts to USD 10,000,000 only as at 31 December 20232022. 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 Capped Minimum Amount Autocallable Securities linked to the Underlying. ISIN: DE000GP3MQQ5 JE00BS6B3Y74 WKN: GP3MQQ GP2LMU Common Code: 181991798 181974826 Underlying: MSCI World 4.5% Decrement EURO STOXX 50® Index (Price EUR) (Reuters Code: .MIWO04500DEU.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 AGBanking, Frankfurt am Mainsociété anonyme, Xxxxxxxxxxxxxxxxx 0000 Xxxxxx XX Xxxxxxx, 00000 Xxxxxxxx, Xxxxxxx X-0000 Xxxxxxxxxx (the xxx "Relevant Clearing System"). Currency, issue size, term of the Securities The Settlement Currency of the Securities is Euro ("EUR"). Issue Size: 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.

Appears in 1 contract

Samples: Endgültige Bedingungen