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Published on 1/23/2024 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $750,000 autocallable index-linked notes tied to Equal Weight index

Chicago, Jan. 23 – GS Finance Corp. priced $750,000 of 0% autocallable index-linked notes due March 10, 2026 tied to the S&P 500 Equal Weight index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The notes will be called at par plus an 8.5% call premium if the index closes at or above its initial level on Jan. 17, 2025.

If the notes are not called and the index finishes above 80% of its initial level, investors will receive the greater of par plus 17% or par plus the return of the index.

Otherwise, investors will be fully exposed to the losses of the index.

Goldman Sachs & Co. LLC is the agent. JPMorgan is the placement agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Autocallable index-linked notes
Underlying index:S&P 500 Equal Weight index
Amount:$750,000
Maturity:March 10, 2026
Coupon:0%
Price:Par
Payout at maturity:If the index finishes at or above threshold level, greater of par plus 17% or return of index; otherwise, 1% loss for each 1% decline in index from initial level
Call:At par plus an 8.5% call premium if index closes at or above initial level on Jan. 17, 2025
Initial level:6,317.18
Threshold level:80% of initial level
Pricing date:Jan. 8
Settlement date:Jan. 11
Agent:Goldman Sachs & Co. LLC
Placement agent:JPMorgan
Fees:1.58%
Cusip:40057XU94

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