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Published on 1/6/2021 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $4.49 million underlier-linked notes on Stoxx, EAFE ETF

By Kiku Steinfeld

Chicago, Jan. 6 – GS Finance Corp. priced $4.49 million of 0% underlier-linked notes due Jan. 7, 2026 linked to the iShares MSCI EAFE exchange-traded fund and the Euro Stoxx 50 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 275% of any gain of the lesser performing underlier.

If one or both underliers fall, investors will be fully exposed to the decline of the lesser-performing underlier.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Underlier-linked notes
Underlying assets:iShares MSCI EAFE ETF and Euro Stoxx 50 index
Amount:$4,485,000
Maturity:Jan. 7, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus 275% of any gain of lesser performer; full exposure to decline of lesser performer
Initial levels:$73.52 for ETF, 3,571.59 for index
Pricing date:Dec. 30
Settlement date:Jan. 7
Agent:Goldman Sachs & Co. LLC
Fees:2.85%
Cusip:40057EVZ7

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