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Published on 1/18/2021 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $4.61 million leveraged index-linked notes on Stoxx

By Taylor Fox

New York, Jan. 19 – GS Finance Corp. priced $4.61 million of 0% leveraged index-linked notes due Dec. 22, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 1.7545 times the index return.

If the index is flat or declines by up to 25%, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the index.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group Inc.
Issue:Leveraged index-linked notes
Underlying index:Euro Stoxx 50
Amount:$4,612,000
Maturity:Dec. 22, 2025
Coupon:0%
Price:Par
Payout at maturity:If the index return is positive, par plus 1.7545 times the index return; if the index is flat or declines by up to 25%, par; otherwise, investors will be fully exposed to the decline of the index
Initial index level:3,560.87
Trigger level:75% of initial level
Pricing date:Dec. 17
Settlement date:Dec. 22
Underwriter:Goldman Sachs & Co. LLC
Fees:3.35%
Cusip:40057EVF1

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