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Published on 6/14/2023 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $426,000 notes linked to Goldman Sachs Momentum Builder Focus ER index

By Angela McDaniels

Tacoma, Wash., June 14 – GS Finance Corp. priced $426,000 of 1.5% index-linked notes due July 31, 2028 linked to the Goldman Sachs Momentum Builder Focus ER index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 5 times the index return. If the final index level is less than or equal to the initial index level, the payout will be par.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Index-linked notes
Underlying index:Goldman Sachs Momentum Builder Focus ER index
Amount:$426,000
Maturity:July 31, 2028
Coupon:1.5% per year, payable monthly
Price:Par
Payout at maturity:If final index level is greater than initial index level, par plus 5 times index return; if final index level is less than or equal to initial index level, par
Initial level:101.74
Pricing date:July 26, 2022
Settlement date:July 29, 2022
Underwriter:Goldman Sachs & Co. LLC
Fees:4%
Cusip:40057MLM9

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