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Published on 1/30/2024 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $15,000 notes linked to Goldman Sachs Momentum Builder Focus ER

By Angela McDaniels

Tacoma, Wash., Jan. 30 – GS Finance Corp. priced $15,000 of 0% index-linked notes due May 1, 2026 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 4.75 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:$15,000
Maturity:May 1, 2026
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than initial index level, par plus 4.75 times index return; if final index level is less than or equal to initial index level, par
Initial level:101.84
Pricing date:April 28, 2023
Settlement date:May 3, 2023
Underwriter:Goldman Sachs & Co. LLC
Fees:1.5%
Cusip:40057RD21

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