New Issue: GS Finance sells $542,000 leveraged index-linked notes on S&P 500

By Kiku Steinfeld

Chicago, Feb. 23 – GS Finance Corp. priced $542,000 of 0% leveraged index-linked notes due Jan. 23, 2025 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 1.19 times the index return.

Otherwise, investors will be fully exposed to the losses of the index.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked notes
Underlying index:	S&P 500 index
Amount:	$542,000
Maturity:	Jan. 23, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is positive, par plus 1.19 times the index return; otherwise, full exposure to losses of index
Initial index level:	3,946.56
Pricing date:	Nov. 17, 2022
Settlement date:	Nov. 22, 2022
Underwriter:	Goldman Sachs & Co. LLC
Fees:	0.87%
Cusip:	40057NY76

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