New Issue: GS Finance sells $698,000 autocallable index-linked notes on Stoxx

Chicago, May 11 – GS Finance Corp. priced $698,000 of 0% autocallable index-linked notes due Oct. 5, 2023 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The notes will be called at $1,116 per $1,000 of notes if the index closes at or above its initial level on Oct. 14, 2022.

If the notes are not called, the payout at maturity will be par plus twice the index return if the index finishes at or above its initial level.

If the index return is negative but not less than negative 15%, the payout will be par; otherwise, investors will be fully exposed to the losses of the index.

Goldman Sachs & Co. LLC is the underwriter. JPMorgan is acting as placement agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Autocallable index-linked notes
Underlying index:	Euro Stoxx 50
Amount:	$698,000
Maturity:	Oct. 5, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above its initial level, par plus twice the index return; if the index return is negative but not less than negative 15%, par; otherwise, full exposure to the losses of the index
Call:	At $1,116 per $1,000 of notes if index closes at or above initial level on Oct. 14, 2022
Initial level:	4,035.3
Barrier level:	85% of initial level
Pricing date:	Oct. 1, 2021
Settlement date:	Oct. 6, 2021
Underwriter:	Goldman Sachs & Co. LLC
Placement agent:	JPMorgan
Fees:	1.5%
Cusip:	40057JQV1

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