New Issue: GS Finance prices $2.51 million leveraged buffered basket-linked notes on stock basket

By William Gullotti

Buffalo, N.Y., April 3 – GS Finance Corp. priced $2.51 million of 0% leveraged buffered notes due March 25, 2027 linked to an equally-weighted basket of stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of Nvidia Corp., Tesla, Inc., Apple Inc., Alphabet Inc., Amazon.com, Inc., Meta Platforms, Inc. and Microsoft Corp.

The payout at maturity will be par plus 1.1 times the basket gain, with a maximum payout of par plus 76.8%.

Investors will receive par if the basket finishes flat or falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered basket-linked notes
Underlying basket:	Apple Inc., Alphabet Inc., Amazon.com, Inc., Meta Platforms, Inc., Microsoft Corp., Nvidia Corp., Tesla, Inc.; equal weights
Amount:	$2,511,000
Maturity:	March 25, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.1 times basket gain, up to par plus 76.8%; par if basket finishes flat or declines by up to 10%; otherwise, 1% loss for every 1% decline beyond 10%
Initial levels:	$178.67 for Apple, $148.74 for Alphabet, $178.15 for Amazon, $505.52 for Meta, $425.23 for Microsoft, $903.72 for Nvidia, $175.66 for Tesla
Buffer level:	90% of initial level
Pricing date:	March 20
Settlement date:	March 25
Agent:	Goldman Sachs & Co. LLC
Fees:	0.75%
Cusip:	40057YQK2

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