New Issue: GS Finance sells $500,000 autocallable underlier-linked notes on index, ETF

Chicago, June 23 – GS Finance Corp. priced $500,000 of 0% autocallable underlier-linked notes due Dec. 15, 2026 linked to the S&P 500 Value index and the iShares Russell 2000 Value ETF, according to a 424B2 with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The notes will be automatically called at par plus a 10% call premium if the lesser-performing underlier closes at or above its initial level on Dec. 16, 2022.

If the lesser-performing underlier finishes at or above its initial level, the payout at maturity will be par plus three times the return of that asset.

Otherwise, investors will be exposed to the worst performer’s decline from its initial level.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Autocallable underlier-linked notes
Underlying assets:	S&P 500 Value index and iShares Russell 2000 Value ETF
Amount:	$500,000
Maturity:	Dec. 15, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If both underliers close above initial levels, par plus three times return of worse performer; otherwise, exposure to worst performer’s decline from its initial level
Call:	Automatically at par plus 10% call premium if lesser-performing underlier closes at or above initial level on Dec. 16, 2022
Initial levels:	1,511.32 for index, $163.97 for fund
Pricing date:	Dec. 10, 2021
Settlement date:	Dec. 15, 2021
Underwriter:	Goldman Sachs & Co. LLC
Fees:	0.75%
Cusip:	40057KFK4

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