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Published on 8/28/2021 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $1.86 million index-linked notes on Russell, S&P, Nasdaq

By Kiku Steinfeld

Chicago, Aug. 30 – GS Finance Corp. priced $1.86 million of 0% index-linked notes due April 3, 2025 linked to the least performing of the Russell 2000 index, the S&P 500 index and 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 return of each index is zero or positive, the payout at maturity will be par plus 1.43 times the return of the least performing index.

If the lesser performing index falls by up to 30%, the payout will be par plus half of the absolute return of that index.

Otherwise, investors will lose 1% for each 1% decline of the lesser performer.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Index-linked notes
Underlying indexes:Russell 2000 index, S&P 500 index, Nasdaq-100 index
Amount:$1,864,000
Maturity:April 3, 2025
Coupon:0%
Price:Par
Payout at maturity:If the return of each index is zero or positive, par plus 1.43 times the return of least performing index; if the lesser performing index falls no by more than 30%, par plus half of the absolute return of that index; otherwise, investors will lose 1% for each 1% decline of the lesser performer
Initial levels:4,297.50 for S&P, 14,554.80 for Nasdaq, 2,310.549 for Russell
Trigger levels:70% of initial levels
Pricing date:June 30
Settlement date:July 6
Agent:Goldman Sachs & Co. LLC
Fees:0.71%
Cusip:40057HQ37

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