New Issue: Goldman prices $1.38 million basket-linked notes on indexes, ETFs

Chicago, June 15 – GS Finance Corp. priced $1.38 million of 0% notes due Dec. 10, 2026 linked to a basket of ETFs and indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 35% weight, the iShares MSCI EAFE ETF with a 30% weight, the Russell 2000 index with a 25% weight and the iShares MSCI Emerging Markets ETF with a 10% weight.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the basket return is positive, the payout at maturity will be par plus the basket return.

Investors will receive par if the basket falls by up to 35% and will be exposed to any losses if the basket falls by more than 35%.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Basket-linked notes
Basket components:	S&P 500 index (35% weight), iShares MSCI EAFE ETF (30% weight), Russell 2000 index (25% weight), iShares MSCI Emerging Markets ETF (10% weight)
Amount:	$1,375,000
Maturity:	Dec. 10, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus the basket return; par if basket falls by up to 35%; full exposure to losses if basket falls by more than 35%
Initial levels:	4,591.67 for S&P 500; $77.77 for MSCI EAFE ETF; 2,203.47 for Russell; $49.30 for MSCI EM
Barrier level:	65% of initial level
Pricing date:	Dec. 6, 2021
Settlement date:	Dec. 9, 2021
Agent:	Goldman Sachs & Co.
Fees:	1.125%
Cusip:	40057KFJ7

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