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Published on 4/12/2024 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $11,000 more Buffered PLUS linked to Euro Stoxx 50

New York, April 12 – GS Finance Corp. priced $11,000 of additional 0% Buffered PLUS due Oct. 5, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are an add-on to the $11,366,000 of Buffered PLUS priced on March 28 and bring the full issue size to $11,377,000.

If the return of the index is positive, the payout at maturity will be par plus 200% of the index return subject to a maximum return of par plus 41.6%. Investors will receive par if the index declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent. Morgan Stanley Wealth Management is acting as dealer.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Buffered PLUS
Underlying index:Euro Stoxx 50 index
Amount:$11,000 add-on
Full issue size:$11,377,000, including $11,366,000 of notes priced on March 28
Maturity:Oct. 5, 2026
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 200% of index return subject to a maximum return of par plus 41.6%; par if index declines by 15% or less; 1% loss for every 1% that index declines beyond 15%
Initial level:5,083.42
Buffer:15%
Upside leverage:200%
Cap:41.6%
Pricing date:April 9
Settlement date:April 11
Agent:Goldman Sachs & Co. LLC
Dealer:Morgan Stanley Wealth Management, acting as dealer
Fees:3%
Cusip:40057YQP1

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