New Issue: GS Finance prices $667,000 buffered digital index-linked notes on Nasdaq-100

By Kiku Steinfeld

Chicago, March 2 – GS Finance Corp. priced $667,000 of 0% buffered digital index-linked notes due Nov. 26, 2024 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by the Goldman Sachs Group, Inc.

If the final level of the index is greater than or equal to its initial level, the payout at maturity will be par plus the maximum settlement amount of 10.4%. Investors will receive par plus the absolute return if the index falls by up to 40% and will lose 1% for every 1% that the index declines beyond 40%.

Goldman Sachs & Co. LLC. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered digital index-linked notes
Underlying index:	Nasdaq-100 index
Amount:	$667,000
Maturity:	Nov. 26, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the final level of the index is greater than or equal to its initial level, the payout at maturity will be par plus the maximum settlement amount of 10.4%; par plus the absolute return if the index falls by up to 40%; 1% loss for every 1% that the index declines beyond 40%
Initial index level:	11,553.45
Buffer level:	60% of initial level
Pricing date:	Nov. 21, 2022
Settlement date:	Nov. 25, 2022
Underwriter:	Goldman Sachs & Co. LLC
Fees:	2.55%
Cusip:	40057NWY9

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