New Issue: GS Finance prices $531,000 notes linked to S&P, Euro Stoxx, Russell

By Angela McDaniels

Tacoma, Wash., March 27 – GS Finance Corp. priced $531,000 of 0% basket-linked notes due Jan. 5, 2029 linked to an equally weighted basket comprised of the S&P 500 index, the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par plus the basket return. If the basket return is zero or negative, the payout will be par.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Basket-linked notes
Underlying indexes:	S&P 500 index, Euro Stoxx 50 index and Russell 2000 index
Amount:	$531,000
Maturity:	Jan. 5, 2029
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus basket return; if basket return is zero or negative, par
Initial levels:	4,450.38 for S&P, 4,399.09 for Euro Stoxx and 1,888.734 for Russell
Pricing date:	June 30, 2023
Settlement date:	July 6, 2023
Underwriter:	Goldman Sachs & Co. LLC
Fees:	0.5%
Cusip:	40057T6Y5

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