New Issue: GS Finance prices $5.25 million leveraged buffered basket-linked notes on stock basket

By William Gullotti

Buffalo, N.Y., Feb. 10 – GS Finance Corp. priced $5.25 million of 0% leveraged buffered notes due Feb. 11, 2025 linked to an equally-weighted basket of stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of Advanced Micro Devices, Inc., Alphabet Inc., Amazon.com, Inc., Meta Platforms, Inc. and Microsoft Corp.

The payout at maturity will be par plus double the basket gain up with a maximum payout of par plus 39.56%.

Investors will receive par if the basket finishes flat or falls by up to 15% and 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:	Leveraged buffered basket-linked notes
Underlying basket:	Advanced Micro Devices, Inc., Alphabet Inc., Amazon.com, Inc., Meta Platforms, Inc., Microsoft Corp.; equal weights
Amount:	$5.25 million
Maturity:	Feb. 11, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus two times basket gain, up to par plus 39.56%; par if basket finishes flat or declines by up to 15%; otherwise, 1.1765% loss for every 1% decline beyond 15%
Initial levels:	$85.91 for AMD, $107.64 for Alphabet, $102.11 for Amazon, $191.62 for Meta, $267.56 for Microsoft
Buffer level:	85% of initial level
Pricing date:	Feb. 7
Settlement date:	Feb. 14
Agent:	Goldman Sachs & Co. LLC
Fees:	1.3%
Cusip:	40057PHE5

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