New Issue: GS Finance sells $680,000 index-linked notes on Momentum Builder

By Kiku Steinfeld

Chicago, Jan. 8 – GS Finance Corp. priced $680,000 of index-linked notes due Jan. 29, 2026 tied to the GS Momentum Builder Focus ER index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par plus 3 times the index gain if the index return is positive.

Otherwise, investors will receive par.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying index:	GS Momentum Builder Focus ER index
Amount:	$680,000
Maturity:	Jan. 29, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above its initial level, par plus 3 times the index return; if the index finishes flat or declines, investors will receive par
Initial level:	101.23
Pricing date:	April 25, 2023
Settlement date:	April 28, 2023
Agent:	Goldman Sachs & Co. LLC
Fees:	2.79%
Cusip:	40057RFC7

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