GS Finance to issue gears linked to Euro Stoxx 50

By Emma Trincal

New York, June 15 – GS Finance Corp. will issue 0% gears due June 19, 2023, linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is greater than zero, the payout at maturity will be par of $10 plus 1.85 to 1.95 times the index return. The exact leverage factor will be set at pricing.

Investors will be exposed to any index decline.

Goldman Sachs & Co. LLC is the agent. UBS Financial Services Inc. is the selling agent.

The fee is 0%.

The notes were expected to price on June 14 and will settle on June 17.

The Cusip number is 36260Y591.

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