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Published on 1/5/2023 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $4.03 million market-linked notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Jan. 5 – GS Finance Corp. priced $4.03 million of 0% market-linked notes due Dec. 5, 2028 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return, subject to a maximum return of par plus 83.5%. Otherwise, investors will receive par.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter with Morgan Stanley Wealth Management as dealer.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Market-linked notes
Underlying index:S&P 500 index
Amount:$4,027,950
Maturity:Dec. 5, 2028
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus index return, subject to a maximum return of par plus 83.5%; minimum payout of par
Initial level:3,958.79
Pricing date:Nov. 16
Settlement date:Nov. 21
Underwriter:Goldman Sachs & Co. LLC with Morgan Stanley Wealth Management as dealer
Fees:3.5%
Cusip:36264U298

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