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Published on 7/5/2019 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $2.44 million market-linked notes on index basket

By Sarah Lizee

Olympia, Wash., July 5 – GS Finance Corp. priced $2.44 million of 0% market-linked notes due Jan. 3, 2024 tied to an equally weighted basket of the Euro Stoxx 50 index, the S&P 500 index and Topix, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par plus any basket gain. If the basket finishes flat or falls, the payout will be par.

Goldman Sachs & Co. is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Market-linked notes
Underlying basket:Euro Stoxx 50 index, S&P 500 index and Topix, equally weighted
Amount:$2,435,110
Maturity:Jan. 3, 2024
Coupon:0%
Price:Par
Payout at maturity:Par plus any basket gain; if the basket finishes flat or falls, par
Initial levels:3,473.69 for Euro Stoxx, 2,941.76 for S&P, 1,551.14 for Topix
Pricing date:June 28
Settlement date:July 3
Agent:Goldman Sachs & Co. LLC
Fees:3.3%
Cusip:36257D808

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