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Published on 11/4/2022 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $396,000 index-linked notes on S&P, Nasdaq

Chicago, Nov. 4 – GS Finance Corp. priced $396,000 of 0% index-linked notes due March 7, 2023 linked to the lesser performing of the S&P 500 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the least performing index falls by up to 25%, the payout will be par plus 8.25%.

Otherwise, investors will be fully exposed to any losses of the worst performing index from its initial level.

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 index, Nasdaq-100 index
Amount:$396,000
Maturity:March 7, 2023
Coupon:0%
Price:Par
Payout at maturity:If the worst performer closes above its 75% of its initial level, par plus 8.25%; otherwise, full exposure to losses of worst performer
Initial levels:4,386.54 for S&P, 14,243.69 for Nasdaq
Trigger buffer levels:75% of initial levels
Pricing date:March 2
Settlement date:March 7
Agent:Goldman Sachs & Co. LLC
Fees:0.4%
Cusip:40057L6T3

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