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Published on 3/17/2021 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $875,000 leveraged buffered notes on Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, March 17 – GS Finance Corp. priced $875,000 of 0% leveraged buffered index-linked notes due Feb. 26, 2026 tied 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 finishes above its initial level, the payout at maturity will be par plus 1.05 times the gain.

If the index finishes flat or falls by up to 20%, investors will receive par. Otherwise, investors will lose 1% for every 1% decline beyond 20%.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:Euro Stoxx 50 index
Amount:$875,000
Maturity:Feb. 26, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.05 times any index gain; par if index finishes flat or falls by up to 20%; otherwise, 1% loss for every 1% decline beyond 20%
Initial index level:3,689.1
Buffer level:80% of initial level
Pricing date:Feb. 24
Settlement date:Feb. 26
Agent:Goldman Sachs & Co. LLC
Fees:3.66%
Cusip:40057FDC5

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