New Issue: GS Finance prices $62,000 leveraged basket-linked notes of ETFs

Chicago, June 13 – GS Finance Corp. priced $62,000 of 0% leveraged notes due Jan. 5, 2023 linked to an equally-weighted basket of three funds, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Industrial Select Sector SPDR Fund, the Financial Select Sector SPDR Fund and the Technology Select Sector SPDR Fund.

The payout at maturity will be par plus 200% of any basket gain, subject to a maximum payout of par plus 12%.

Investors will receive par if the basket falls by up to 15% and will lose 1% for every 1% decline of the basket from its initial level if it falls by more than 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 index-linked notes
Underlying funds:	Industrial Select Sector SPDR Fund, Financial Select Sector SPDR Fund, Technology Select Sector SPDR Fund; equal weights
Amount:	$62,000
Maturity:	Jan. 5, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus double the gain, capped at 12%; par if the basket falls by up to 15%; 1% loss for every 1% decline from initial level if it falls by more than 15%
Initial basket level:	$100.77 for Industrial, $37.96 for Financial, $168.72 for Technology
Buffer level:	85% of initial basket level
Pricing date:	Nov. 30, 2021
Settlement date:	Dec. 3, 2021
Agent:	Goldman Sachs & Co. LLC
Fees:	0.68%
Cusip:	40057JYA8

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