New Issue: GS Finance prices $453,000 buffered digital notes on S&P 500

Chicago, Aug. 29 – GS Finance Corp. priced $453,000 of 0% buffered digital index-linked notes due Sept. 28, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final level of the index is greater than or equal to its buffer level, 90% of its initial level, the payout at maturity will be par plus 9.3%.

Otherwise, investors will lose 1% for every 1% that the index declines beyond 10%.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered digital index-linked notes
Underlying index:	S&P 500 index
Amount:	$453,000
Maturity:	Sept. 28, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If the final index level is greater or equal to buffer level, par plus 9.3%; otherwise, 1% loss for every 1% decline beyond 10%
Initial index level:	4,128.73
Buffer level:	90% of initial level
Pricing date:	Aug. 23, 2022
Settlement date:	Aug. 26, 2022
Underwriter:	Goldman Sachs & Co. LLC
Fees:	1.93%
Cusip:	40057MVS5

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