New Issue: GS Finance prices $2.03 million leveraged basket-linked notes on tech stocks

Chicago, Sept. 12 – GS Finance Corp. priced $2.03 million of 0% leveraged notes due Nov. 12, 2024 linked to an equally weighted stock basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the common stocks of Amazon.com, Inc., Alphabet Inc. and Microsoft Corp., each with a 33.33% weight.

The payout at maturity will be par plus three times the basket gain, capped at par plus 25.5%.

Otherwise, investors will lose 1% for every 1% of decline from the initial level.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged basket-linked notes
Underlying basket:	Amazon.com, Inc., Alphabet Inc. and Microsoft Corp., equally weighted
Amount:	$2,026,000
Maturity:	Nov. 12, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus three times basket gain capped at par plus 25.5%; otherwise, 1% loss for every 1% of basket decline from initial level
Initial levels:	$135.36 for Amazon, $135.37 for Alphabet, $332.88 for Microsoft
Pricing date:	Sept. 6
Settlement date:	Sept. 11
Agent:	Goldman Sachs & Co. LLC
Fees:	1.25%
Cusip:	40057W5N3

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