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Published on 5/4/2023 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $6.37 million leveraged index-linked notes on S&P 500

Chicago, May 4 – GS Finance Corp. priced $6.37 million of 0% leveraged index-linked notes due April 29, 2026 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 200% of the index return, capped at par plus 22.2%.

Otherwise, investors will receive par.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:GS Finance Corp.
Issue:Leveraged index-linked notes
Underlying index:S&P 500 index
Amount:$6,368,000
Maturity:April 29, 2026
Coupon:0%
Price:Par
Payout at maturity:If the index return is positive, par plus 200% of the index return, capped at par plus 22.2%; otherwise, par
Initial index level:4,071.63
Pricing date:April 25
Settlement date:April 28
Underwriter:Goldman Sachs & Co. LLC
Fees:2%
Cusip:40057RCP1

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