New Issue: GS Finance prices $728,000 digital notes on Euro Stoxx 50, Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Feb. 28 – GS Finance Corp. priced $728,000 0% digital notes due Feb. 28, 2023 linked to the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the return of each underlier is at least negative 40%, the payout at maturity will be the maximum settlement amount of $1,290 per $1,000 of notes.

Otherwise, investors will lose 1% for every 1% decline of the lesser-performing underlier from its initial level.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital notes
Underlying assets:	Euro Stoxx 50 index and Russell 2000 index
Amount:	$728,000
Maturity:	Feb. 28, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of each underlier is at least negative 40%, par plus 29%; otherwise, 1% loss for every 1% decline of the lesser-performing underlier from its initial level
Initial levels:	3,435.08 for Stoxx and 1,529.992 for Russell
Pricing date:	Feb. 20
Settlement date:	Feb. 23
Agent:	Goldman Sachs & Co. LLC
Fees:	4.725%
Cusip:	40055AMN4

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