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Published on 3/4/2020 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $4.17 million of leveraged index-linked notes on S&P

By Kiku Steinfeld

Chicago, March 4 – GS Finance Corp. priced $4.17 million of 0% leveraged index-linked notes due May 28, 2021 tied to the S&P 500 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 any index gain, capped at $1,173.7 per $1,000 of notes.

Investors will be fully exposed to the decline of the index.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged index-linked notes
Underlying index:S&P 500 index
Amount:$4,165,000
Maturity:May 28, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus 3 times any index gain, capped at $1,173.7 per $1,000 of notes; full exposure to losses if index declines
Initial index level:3,116.39
Pricing date:Feb. 26
Settlement date:March. 4
Agent:Goldman Sachs & Co. LLC
Fees:0.85%
Cusip:40056YJQ8

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