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Published on 10/6/2021 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $1.6 million index-linked notes on FTSE, Stoxx

By Wendy Van Sickle

Columbus, Ohio, Oct. 6 – GS Finance Corp. priced $1.6 million of 0% index-linked notes due July 21, 2026 tied to the FTSE 100 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be par plus 5 times the return of laggard index, capped at $1,705 for each $1,000 of notes.

Investors will be exposed to the decline of the worst performing index from its initial level.

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:Autocallable index-linked notes
Underlying indexes:FTSE 100 index, Euro Stoxx 50 index
Amount:$1,595,000
Maturity:July 21, 2026
Coupon:0%
Price:Par
Payout at maturity:If each index finishes at or above initial level, par plus 5 times return of laggard index, capped at $1,705 for each $1,000 of notes; full exposure to decline of worst performing index from initial level
Initial index levels:6,844.39 for FTSE, 3,928.53 for Stoxx
Pricing date:July 19
Settlement date:July 26
Agent:Goldman Sachs & Co. LLC
Fees:2.35%
Cusip:40057HUC2

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