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Published on 2/8/2024 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $2.74 million leveraged market-linked notes with principal return

By William Gullotti

Buffalo, N.Y., Feb. 8 – GS Finance Corp. priced $2.74 million of 0% market-linked notes – leveraged upside participation and principal return at maturity due Aug. 4, 2027 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Notes and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus 1.2 times the return.

Otherwise, investors will receive par

The notes are guaranteed by Goldman Sachs Group, Inc.

Wells Fargo Securities, LLC and Goldman Sachs & Co. LLC are the agents.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Market-linked notes – leveraged upside participation and principal return at maturity
Underlying index:Euro Stoxx 50 index
Amount:$2.74 million
Maturity:Aug. 4, 2027
Coupon:0%
Price:Par
Payout at maturity:If the index finishes at or above initial level, par plus 1.2 times the return; otherwise, par
Initial level:4,662.7
Pricing date:Jan. 30
Settlement date:Feb. 2
Agent:Wells Fargo Securities, LLC and Goldman Sachs & Co. LLC
Fees:3.325%
Cusip:40057XNB7

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