New Issue: GS Finance prices $5.83 million dual directional buffered participation securities on S&P

New York, June 5 – GS Finance Corp. priced $5.83 million of 0% dual directional buffered participation securities due Aug. 1, 2024 linked 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 the index return, subject to a maximum return of par plus 10.6%.

Investors will receive par plus absolute return of the index if it declines by no more than 15% and will lose 1% for every 1% decline of the index beyond 15%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent. Morgan Stanley Wealth Management is the dealer.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Dual directional buffered participation securities
Underlying index:	S&P 500 index
Amount:	$5,833,000
Maturity:	Aug. 1, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If return of index is positive, par plus index return, subject to a maximum return of par plus 10.6%; par plus absolute return of index if it declines by no more than 15%; otherwise, lose 1% for every 1% decline of the index beyond 15%
Initial level:	4,169.48
Cap:	10.6%
Buffer:	15%
Pricing date:	April 28
Settlement date:	May 3
Agent:	Goldman Sachs & Co. LLC
Dealer:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	40057RHH4

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