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Published on 9/19/2021 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $173,000 index-linked notes on S&P 500, S&P 500 Value

By Kiku Steinfeld

Chicago, Sept. 20 – GS Finance Corp. priced $173,000 of 0% index-linked notes due June 28, 2024 linked to the least performing of the S&P 500 Value index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the return of each index is zero or positive, the payout at maturity will be par plus 1.2 times the return of the least performing index.

Otherwise, investors will be exposed to the losses of the least performing index.

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 Value index, S&P 500 index
Amount:$173,000
Maturity:June 28, 2024
Coupon:0%
Price:Par
Payout at maturity:If the return of each index is zero or positive, par plus 1.2 times the return of least performing index; otherwise, full exposure to losses of least performer
Initial levels:1,464.95 for S&P Value, 4,280.70 for S&P 500
Pricing date:June 25
Settlement date:June 30
Agent:Goldman Sachs & Co. LLC
Fees:3.5%
Cusip:40057HJ68

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