New Issue: GS Finance sells $450,000 index-linked notes on GS Momentum Builder

By Kiku Steinfeld

Chicago, July 18 – GS Finance Corp. priced $450,000 of 0% index-linked notes due Jan. 4, 2029 linked to the performance of the GS Momentum Builder Focus ER index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index closes at or above 107.7% of its initial level, the payout at maturity will be 7.7% less than the index gain.

Otherwise, investors will receive par.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying index:	GS Momentum Builder Focus ER index
Amount:	$450,000
Maturity:	Jan. 4, 2029
Coupon:	0%
Price:	Par
Payout at maturity:	If the index closes at or above 107.7% of its initial level, par plus the gain minus 7.7%; otherwise, par
Initial level:	104.13
Pricing date:	Dec. 28, 2021
Settlement date:	Dec. 31, 2021
Agent:	Goldman Sachs & Co. LLC
Fees:	4%
Cusip:	40057KHQ9

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