New Issue: GS Finance sells $5.12 million PLUS linked to iShares EM, Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Aug .7 – GS Finance Corp. priced $5.12 million of 0% Performance Leveraged Upside Securities due Aug. 2, 2022 linked to a basket of the iShares MSCI Emerging Markets exchange-traded fund with a 70% weight and the Euro Stoxx 50 index with a 30% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the basket return is positive, the payout at maturity will be par of $10 plus 1.75 times the basket gain.

Investors will be fully exposed to losses.

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

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Performance Leveraged Upside Securities
Underlying basket:	iShares MSCI Emerging Markets ETF (70% weight), Euro Stoxx 50 index (30% weight)
Amount:	$5,117,000
Maturity:	Aug. 2, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If basket return is positive, par of $10 plus 1.75 times basket gain; full exposure to losses
Initial values:	$43.75 for ETF, 3,467.73 for index
Pricing date:	July 28
Settlement date:	Aug. 2
Agent:	Goldman Sachs & Co. LLC
Dealer:	Morgan Stanley Wealth Management
Fees:	3.85% (including 3.5% for selling concesssions)
Cusip:	36253M448

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