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Published on 2/9/2023 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $1.26 million leveraged buffered basket-linked notes on indexes

Chicago, Feb. 9 – GS Finance Corp. priced $1.26 million of 0% leveraged buffered notes due Nov. 2, 2023 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 70% weight, the Nasdaq-100 index with a 15% weight and the MSCI EAFE index with a 15% weight.

The payout at maturity will be par plus 1.5 times the basket gain up to 15%.

Investors will receive par if the basket finishes flat or falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying indexes:S&P 500 index (70% weight), Nasdaq-100 index (15% weight), MSCI EAFE index (15% weight)
Amount:$1,255,000
Maturity:Nov. 2, 2023
Coupon:0%
Price:Par
Payout at maturity:If basket return is positive, par plus 1.5 times basket gain, capped at 15%; par if basket finishes flat or declines by up to 10%; 1% loss for every 1% decline beyond 10%
Initial levels:4,131.93 for S&P, 12,854.80 for Nasdaq, 2,033.70 for EAFE
Buffer level:90% of initial level
Pricing date:April 29, 2022
Settlement date:May 4, 2022
Agent:Goldman Sachs & Co. LLC
Fees:2.225%
Cusip:40057LTC5

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