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Published on 6/5/2023 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $2.37 million PLUS linked to Euro Stoxx 50

New York, June 5 – GS Finance Corp. priced $2.37 million of 0% PLUS due Aug. 5, 2024 linked to the Euro Stoxx 50 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 300% of the index return, subject to a maximum return of par plus 25.95%.

Otherwise, investors will lose 1% for every 1% that it declines.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent. Morgan Stanley Wealth Management will act as placement agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:PLUS
Underlying index:Euro Stoxx 50 index
Amount:$2,371,000
Maturity:Aug. 5, 2024
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 300% of index return, subject to a maximum return of par plus 25.95%; otherwise, 1% loss for every 1% that index declines
Initial level:4,359.31
Upside leverage:300%
Pricing date:April 28
Settlement date:May 4
Agent:Goldman Sachs & Co. LLC
Distributor:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:40057RHC5

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