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Published on 1/8/2024 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $2.6 million contingent market-linked notes tied to S&P

By William Gullotti

Buffalo, N.Y., Jan. 8 – GS Finance Corp. priced $2.6 million of 0% market-linked notes – contingent fixed return and principal return at maturity due Dec. 31, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Notes and Exchange Commission.

If the index finishes flat or gains, the payout at maturity will be par plus 16.55%.

Otherwise, investors will receive par.

The notes are guaranteed by Goldman Sachs Group, Inc.

Wells Fargo Notes LLC and Goldman Sachs & Co. LLC are the agents.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Market-linked notes – contingent fixed return and principal return at maturity
Underlying:S&P 500 index
Amount:$2,599,000
Maturity:Dec. 31, 2026
Coupon:0%
Price:Par
Payout at maturity:If index finishes flat or gains, par plus 16.55%; otherwise, par
Initial level:4,783.35
Pricing date:Dec. 28
Settlement date:Jan. 3
Agent:Wells Fargo Notes LLC and Goldman Sachs & Co. LLC
Fees:3.325%
Cusip:40057XMT9

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