New Issue: GS Finance prices $1.25 million index-linked trigger notes on Nasdaq-100

By Kiku Steinfeld

Chicago, Oct. 22 – GS Finance Corp. priced $1.25 million of 0% index-linked trigger notes due Oct. 27, 2021 tied to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final level of the index is equal to or greater than 80% of the initial level, the payout at maturity will be par plus 10.9%.

Otherwise, the payout will be par plus the index return with full exposure to any losses.

Goldman Sachs & Co. LLC is the underwriter with JPMorgan acting as the placement agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked trigger notes
Underlying index:	Nasdaq-100
Amount:	$1.25 million
Maturity:	Oct. 27, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of the index is equal to or greater than trigger level, par plus 10.9%; otherwise, par plus index return with full exposure to any losses
Initial index level:	11,725.85
Trigger level:	80% of initial level
Final level:	Average of index closing levels on five trading days ending Oct. 22, 2021
Pricing date:	Oct. 9
Settlement date:	Oct. 15
Underwriter:	Goldman Sachs & Co. LLC
Placement agent:	JPMorgan Securities LLC
Fees:	1.1%, including selling concession of up to 1%
Cusip:	40057EEZ6

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