New Issue: GS Finance sells $1.67 million buffered notes on Stoxx 50

By Kiku Steinfeld

Chicago, Nov. 2– GS Finance Corp. priced $1.67 million of 0% buffered index-linked notes due Feb. 26, 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 finishes at or above its initial level, the payout at maturity will be par plus 1.05 times the gain.

If the index finishes flat or falls by up to the 35% buffer, investors will receive par. Otherwise, investors will lose 1% for every 1% decline beyond 35%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered index-linked notes
Underlying index:	Euro Stoxx 50 index
Amount:	$1,673,000
Maturity:	Feb. 26, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.05 times any index gain; if index falls by up to buffer, par; 1% loss for every 1% decline beyond buffer
Initial index level:	3,973.41
Buffer level:	35% of initial index level
Pricing date:	Feb. 23, 2022
Settlement date:	Feb. 28, 2022
Agent:	Goldman Sachs & Co. LLC
Fees:	3.84%
Cusip:	40057KX81

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