New Issue: GS Finance sells $750,000 buffered basket-linked notes on 15 stocks

By Marisa Wong

Los Angeles, June 13 – GS Finance Corp. priced $750,000 of 0% buffered basket-linked notes due Dec. 8, 2023 based on the performance of an unequally weighted basket of common stock of 15 companies, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The basket stocks are Booz Allen Hamilton Holding Corp., CACI International Inc , General Dynamics Corp., Huntington Ingalls Industries, Inc., Kratos Defense & Security Solutions, Inc., Leidos Holdings, Inc., L3Harris Technologies, Inc., Lockheed Martin Corp., Maxar Technologies Inc., Mercury Systems, Inc., Northrop Grumman Corp., Parsons Corp., Raytheon Technologies Corp., Science Applications International Corp., Teledyne Technologies Inc. Weightings are given in the table below.

If the basket return is positive, the payout at maturity will be par plus the gain, subject to a maximum settlement amount of $1,196 per $1,000 principal amount.

If the basket falls by up to 10%, the payout will be par. Investors will lose 1.1111% for every 1% basket decline beyond 10%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered basket-linked notes
Underlying basket:	Booz Allen Hamilton Holding Corp. (NYSE: BAH) with a 6.46% weight, CACI International Inc. (NYSE: CACI) with a 4.64% weight, General Dynamics Corp. (NYSE: GD) with a 11.11% weight, Huntington Ingalls Industries, Inc. (NYSE: HII) with a 3.88% weight, Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) with a 1.32% weight, Leidos Holdings, Inc. (NYSE: LDOS) with a 6.45% weight, L3Harris Technologies, Inc. (NYSE: LHX) with a 10.53% weight, Lockheed Martin Corp. (NYSE: LMT) with a 13.08% weight, Maxar Technologies Inc. (NYSE: MAXR) with a 2.28% weight, Mercury Systems, Inc. (Nasdaq: MRCY) with a 2.50% weight, Northrop Grumman Corp. (NYSE: NOC) with a 13.31% weight, Parsons Corp. (NYSE: PSN) with a 1.54% weight, Raytheon Technologies Corp. (NYSE: RTX) with a 11.76% weight, Science Applications International Corp. (NYSE: SAIC) with a 2.20% weight, Teledyne Technologies Inc. (NYSE: TDY) with a 8.94% weight
Amount:	$750,000
Maturity:	Dec. 8, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain, capped at par plus 19.6%; par if basket falls by up to 10%; 1.1111% loss for every 1% basket decline beyond 10%
Initial prices:	$88.03 for Booz Allen, $289.59 for CACI, $229.90 for General Dynamics, $212.51 for Huntington Ingalls, $14.66 for Kratos, $105.92 for Leidos, $241.10 for L3Harris, $443.41 for Lockheed, $30.17 for Maxar, $62.66 for Mercury, $478.86 for Northrop Grumman, $40.58 for Parsons, $97.21 for Raytheon, $94.17 for Science Applications, $406.74 for Teledyne
Pricing date:	June 6
Settlement date:	June 13
Agent:	Goldman Sachs & Co. LLC
Fees:	1.13%
Cusip:	40057MBU2

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