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Published on 7/21/2022 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $1.42 million leveraged buffered index-linked notes on Stoxx

By Kiku Steinfeld

Chicago, July 21 – GS Finance Corp. priced $1.42 million of 0% leveraged buffered index-linked notes due Jan. 4, 2027 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, investors will receive par plus 152.5% of the index gain.

If the index return is flat or falls by up to 20%, investors will receive par. Investors will lose 1% for every 1% decline beyond 20%.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:Euro Stoxx 50 index
Amount:$1,421,000
Maturity:Jan. 4, 2027
Coupon:0%
Price:Par
Payout at maturity:Par plus 152.5% any index gain; if index return is flat or falls by up to 20%, par; 1% loss for every 1% decline beyond 20%
Initial index level:4,284.83
Buffer level:80% of initial level
Pricing date:Dec. 29, 2021
Settlement date:Dec. 31, 2021
Agent:Goldman Sachs & Co. LLC
Fees:3.28%
Cusip:40057KDJ9

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