New Issue: GS Finance prices $2.18 million notes linked to S&P 500 index

By Angela McDaniels

Tacoma, Wash., Feb. 28 – GS Finance Corp. priced $2.18 million of 0% index-linked notes due April 1, 2026 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 21.5%. 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:	$2,181,000
Maturity:	April 1, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus index return, subject to maximum return of 21.5%; if index return is zero or negative, par
Initial level:	4,378.41
Pricing date:	June 27, 2023
Settlement date:	June 30, 2023
Underwriter:	Goldman Sachs & Co. LLC
Fees:	1.81%
Cusip:	40057T2C7

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