New Issue: GS Finance sells $260,000 index-linked notes on S&P, Nasdaq, Russell

By Kiku Steinfeld

Chicago, April 22 – GS Finance Corp. priced $260,000 of 0% index-linked notes due July 30, 2027 tied to the S&P 500 index, the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If each index finishes above its initial level, the payout at maturity will be par plus 1.068 times the least performing index’s return.

Otherwise, investors will receive par.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	S&P 500 index, Nasdaq-100 index, Russell 2000 index
Amount:	$260,000
Maturity:	July 30, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If each index gains, par plus 1.068 times the least performing index’s return; par otherwise
Initial index levels:	15,464.93 for Nasdaq, 4,537.41 for S&P, 1,954.896 for Russell
Pricing date:	July 27, 2023
Settlement date:	Aug. 1, 2023
Agent:	Goldman Sachs & Co. LLC
Fees:	0.52%
Cusip:	40057TM84

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