New Issue: GS Finance prices $388,000 buffered index-linked notes on Dow Jones U.S. Select Dividend

By Kiku Steinfeld

Chicago, Feb. 9 – GS Finance Corp. priced $388,000 of 0% buffered notes due Jan. 29, 2026 linked to the Dow Jones U.S. Select Dividend 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 the index return. Investors will receive par if the index falls by up to 15% and lose 1% for every 1% that the index may decline beyond 15%.

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:	Buffered notes
Underlying index:	Dow Jones U.S. Select Dividend index
Amount:	$388,000
Maturity:	Jan. 29, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus index return; par if index falls by up to 15%; 1% loss for every 1% decline in index beyond 15%
Initial level:	717.23
Buffer level:	85% of initial level
Pricing date:	Jan. 26
Settlement date:	Jan. 29
Underwriter:	Goldman Sachs & Co. LLC
Fees:	4.15%
Cusip:	40057EXR3

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