New Issue: GS Finance prices $1.34 million digital buffered basket-linked notes on stock basket

By Wendy Van Sickle

Columbus, Ohio, July 19 – GS Finance Corp. priced $1.34 million of digital buffered basket-linked notes due Sept. 23, 2024 linked to an unequally-weighted basket of stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of Apple Inc. (3.04% weight), Applied Materials, Inc. (2.13% weight), Advanced Micro Devices, Inc. (3.11% weight), Amazon.com, Inc. (3.19% weight), Arista Networks, Inc. (3.07% weight), Broadcom Inc. (3.38% weight), Baidu, Inc. (2.32% weight), Cadence Design Systems, Inc. (2.98% weight), Salesforce, Inc. (2.92% weight), CrowdStrike Holdings, Inc. (2.86% weight), Datadog, Inc. (3.06% weight), Alphabet Inc. (9.72% weight), Intel Corp. (2.96% weight), KLA Corp. (2.08% weight), Lam Research Corp. (2.14% weight), Meta Platforms, Inc. (3.69% weight), Marvell Technology, Inc. (2.82% weight), Microsoft Corp. (10.01% weight), Micron Technology, Inc. (2.82% weight), Cloudflare, Inc. (2.55% weight), Nvidia Corp. (9.67% weight), Palo Alto Networks, Inc. (3.44% weight), Super Micro Computer, Inc. (3.31% weight), Snap Inc. (2.32% weight), Snowflake Inc. (2.59% weight), Synopsys, Inc. (2.97% weight), Seagate Technology Holdings plc (1.58% weight) and Taiwan Semiconductor Manufacturing Co. (2.73% weight)

If the basket finishes at or above threshold level, 85% of initial level, the payout at maturity will be par plus 11.5%.

Otherwise, investors will lose 1.1765% for every 1% decline beyond 15%.

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:	Digital buffered basket-linked notes
Underlying basket:	Apple Inc. (3.04% weight), Applied Materials, Inc. (2.13% weight), Advanced Micro Devices, Inc. (3.11% weight), Amazon.com, Inc. (3.19% weight), Arista Networks, Inc. (3.07% weight), Broadcom Inc. (3.38% weight), Baidu, Inc. (2.32% weight), Cadence Design Systems, Inc. (2.98% weight), Salesforce, Inc. (2.92% weight), CrowdStrike Holdings, Inc. (2.86% weight), Datadog, Inc. (3.06% weight), Alphabet Inc. (9.72% weight), Intel Corp. (2.96% weight), KLA Corp. (2.08% weight), Lam Research Corp. (2.14% weight), Meta Platforms, Inc. (3.69% weight), Marvell Technology, Inc. (2.82% weight), Microsoft Corp. (10.01% weight), Micron Technology, Inc. (2.82% weight), Cloudflare, Inc. (2.55% weight), Nvidia Corp. (9.67% weight), Palo Alto Networks, Inc. (3.44% weight), Super Micro Computer, Inc. (3.31% weight), Snap Inc. (2.32% weight), Snowflake Inc. (2.59% weight), Synopsys, Inc. (2.97% weight), Seagate Technology Holdings plc (1.58% weight) and Taiwan Semiconductor Manufacturing Co. (2.73% weight)
Amount:	$1,338,000
Maturity:	Sept. 23, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket finishes at or above threshold level, par plus 11.5%; otherwise, lose 1.1765% for every 1% decline beyond 15%
Initial levels:	$189.77 for Apple, $138.89 for Applied Materials, $114.58 for Advanced Micro Devices, $130.80 for Amazon, $164.04 for Arista, $889.95 for Broadcom, $148.83 for Baidu, $232.74 for Cadence, $227.28 for Salesforce, $146.13 for CrowdStrike, $105.445 for Datadog, $118.93 for Alphabet, $33.98 for Intel, $466.07 for KLA, $622.60 for Lam, $309.34 for Meta, $62.88 for Marvell, $337.20 for Microsoft, $63.79 for Micron Technology, $64.23 for Cloudflare, $439.02 for Nvidia, $232.64 for Palo Alto, $276/64 for, Super Micro, $13.37 for Snap, $171.93 for Snowflake, $441.35 for Synopsys, $61.52 for Seagate and $103.90 for Taiwan
Threshold level:	85% of initial level
Pricing date:	July 12
Settlement date:	July 19
Agent:	Goldman Sachs & Co. LLC
Fees:	0.81%
Cusip:	40057TGT5

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