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7.00% Goldman Sachs Fix Kupon Express Anleihe auf voestalpine AG 23-27


ISIN:
DE000GQ616A8
WKN:
GQ616A

Subscription ended

2023/11/28 08:03:17
Bid Ask
- -
Difference 0.00% (0.00)

General attributes

IssuerGoldman, Sachs & Co Wertpapier GmbH
Product typeExpress bonds
TypeFix Coupon
CurrencyEUR
UnderlyingVOESTALPINE
Underlying ISINAT0000937503
Underlying currencyEUR
Price underlying26.04 EUR
Date2023/11/29 17:35:23
Strike Date2023/11/28
Maturity2027/12/06
Strike price26.0400 EUR
Coupon/express payment7.000%
Coupon stylefix
Current redemption barrier26.0400 EUR
Current redemption barrier in %100.00%
Current redemption barrier distance0.00 EUR
Current redemption barrier distance in %0.00%
Final redemption barrier13.0200 EUR
Final redemption barrier in %50.00%
Final redemption barrier distance13.02 EUR
Final redemption barrier distance in %50.00%
Nominal amount1,000.00

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Final TermsPDF Download


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Our analysts say...


Performance since inception. Performances under 12 month have only little informative value because of the short maturity. Information about previous performance does not guarantee future performance.
Source: Erste Group Bank AG
Advantages Risks you should be aware of
  • Fixed earnings of 7.00 % per year
  • Possible early redemption at 100.00 % of nominal amount
  • Risk buffer (final-redemption-barrier of 50.00 %) in case of a falling share price of voestalpine AG
  • A fall of the share price below the barrier during the term has no influence on the redemption at the end of the final year, relevant is only the price on the last valuation date.
  • Goldman Sachs International, London will set quotes for this product during the term without being legally obliged to do so.
  • If the closing price of voestalpine AG is below the barrier (50.00 %) on the last valuation date, there are losses for the investors. A total loss of invested capital is possible.
  • Delivered shares cause additional costs (e.g. deposit fees, transaction fees upon sale).
  • The earnings are capped at 28.00 %, even if the underlying performs better.
  • During the term the bond price will not vary 1:1 with the underlying and premature sale may lead to capital loss.
  • Investors bear the risk of the issuer Goldman Sachs Group, Inc., i.e. the risk of changes of the creditworthiness and the risk of insolvency.
  • This express bond is not covered by any deposit guarantee scheme. Investors are exposed to the risk that Goldman Sachs Group, Inc. may not be able to meet its obligations arising from the bond in the event of insolvency or over-indebtedness or from an official order (bail-in regime). A total loss of invested capital is possible.

Secondary market

During the term it is possible to sell the product during the trading hours at the exchanges, where the product is listed.

Subscription ended

2023/11/28 08:03:17
Bid Ask
- -
Difference 0.00% (0.00)

General attributes

IssuerGoldman, Sachs & Co Wertpapier GmbH
Product typeExpress bonds
TypeFix Coupon
CurrencyEUR
Stock exchangeFRA
UnderlyingVOESTALPINE
Underlying ISINAT0000937503
Underlying stock exchangeVIE
Underlying currencyEUR
Price underlying26.04 EUR
Date2023/11/29 17:35:23
Issue date2023/12/01
Strike Date2023/11/28
Maturity2027/12/06
Strike price26.0400 EUR
Coupon/express payment7.000%
Coupon stylefix
Current redemption barrier26.0400 EUR
Current redemption barrier in %100.00%
Current redemption barrier distance0.00 EUR
Current redemption barrier distance in %0.00%
Final redemption barrier13.0200 EUR
Final redemption barrier in %50.00%
Final redemption barrier distance13.02 EUR
Final redemption barrier distance in %50.00%
No of shares for redemption38
Nominal amount1,000.00
Quantono
First trading day2023/12/01
Last trading day2027/11/29

Express bonds | Description

This express bond issued by Goldman, Sachs & Co. Wertpapier GmbH refers to the share of voestalpine AG. Regardless of the performance of the underlying, there is an annual interest payment of 7.00 % of the nominal amount. The bond will be redeemed on 06/12/2027 if there is no automatic early redemption.


There is an automatic early redemption, if the closing price of the underlying is at or above the strike price on one of the valuation dates (28/11/2024, 28/11/2025, 30/11/2026). In this case investors receive the respective early redemption amount of 100.00 % on the repayment date.

If the express bond has not been redeemed early, there are two possibilities at maturity:

  1. If the closing price of voestalpine AG is at or above the final-redemption-barrier on the last valuation date (29/11/2027), investors receive the nominal amount plus the interest payment of 7.00 % for the final year.

  2. If the closing price of voestalpine AG is below the final-redemption-barrier on the last valuation date, then investors receive a predetermined number of shares of the underlying, in addition the interest of 7.00 % for the final year is paid. Fractions of shares are settled in cash. In this case there is a capital loss.
Information on the product during the term can be found on the issuer's website: Express Zertifikat auf Voestalpine | DE000GQ616A8 | Goldman Sachs (gs.de)

Price information

Today open100.50
Today high100.50
Today low100.50
Close (previous day)100.50
Spread in %-
Spread absolute-
Spread harmonised-
High price (52 weeks)-
Low price (52 weeks)-

Performance

Performance YTD in %-
Performance 1 month in %-
Performance 6 months in %-
Performance 1 year in %-
Performance 3 years in %-
Performance 5 years in %-
Performance since inception in %-


Subscription ended

2023/11/28 08:03:17
Bid Ask
- -
Difference 0.00% (0.00)

Date: 2023/11/29 17:35:23
Underlying Quote
26.04 EUR
Difference +0.00% (0.00)

General attributes underlying

NameVOESTALPINE
ISINAT0000937503
Stock exchange (underlying)VIE
Currency (underlying)EUR
Start value underlying26.0400
Price26.04
Time23/11/29 - 17:35:23
Change in %0.00%
Today high26.38
Today low25.86
High price (52 weeks)36.30
Low price (52 weeks)22.76
Interactive chart


Information about previous performance does not guarantee future performance.
Source: FactSet

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