New Issue: GS Finance prices $889,500 PLUS linked to Euro Stoxx 50

By Kiku Steinfeld

Chicago, March 20 – GS Finance Corp. priced $889,500 of 0% Performance Leveraged Upside Securities due March 5, 2024 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 positive, the payout at maturity will be par plus 300% of the index return subject to a maximum return of par plus 30.5%. Investors will lose 1% for every 1% that it declines.

Goldman Sachs & Co. LLC is the agent. Morgan Stanley Wealth Management is a selected dealer.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Performance Leveraged Upside Securities
Underlying index:	Euro Stoxx 50 index
Amount:	$889,500
Maturity:	March 5, 2024
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index return is positive, par plus 300% of index return subject to a maximum return of par plus 30.5%; 1% loss for every 1% that index declines
Initial level:	3,964.72
Upside leverage:	300%
Cap:	30.9%
Pricing date:	Nov. 30, 2022
Settlement date:	Dec. 5, 2022
Agent:	Goldman Sachs & Co. LLC
Dealer:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	36264U462

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