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Published on 6/9/2023 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $900,000 notes linked to S&P 500 index

By Angela McDaniels

Tacoma, Wash., June 9 – GS Finance Corp. priced $900,000 of 0% index-linked notes due July 17, 2023 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 5%. If the index return is zero or negative, the payout will be par.

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:Index-linked notes
Underlying index:S&P 500 index
Amount:$900,000
Maturity:July 17, 2023
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus index return, subject to maximum return of 5%; if index return is zero or negative, par
Initial level:3,818.8
Pricing date:July 12, 2022
Settlement date:July 15, 2022
Underwriter:Goldman Sachs & Co. LLC
Fees:0.25%
Cusip:40057MNH8

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