New Issue: Goldman prices $240,000 basket-linked notes on indexes, ETF

By Kiku Steinfeld

Chicago, Oct. 17 – GS Finance Corp. priced $240,000 of 0% notes due Feb. 27, 2029 linked to an equally weighted basket of indexes and an ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index, the S&P 500 index and the iShares MSCI Emerging Markets ETF.

The notes are guaranteed by Goldman Sachs Group, Inc.

The the payout at maturity will be par any basket gain, capped at 36.5%.

Otherwise, investors will receive par.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Basket-linked notes
Basket components:	Euro Stoxx 50 index, S&P 500 index, iShares MSCI Emerging Markets ETF; equal weights
Amount:	$240,000
Maturity:	Feb. 27, 2029
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain, capped at 36.5%; otherwise, par
Initial levels:	$48.72 for ETF, 4,074.28 for Stoxx, 4,348.87 for S&P
Pricing date:	Feb. 18, 2022
Settlement date:	Feb. 24, 2022
Agent:	Goldman Sachs & Co.
Fees:	3.5%
Cusip:	40057KYQ0

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