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Published on 11/23/2022 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $650,000 basket-linked notes on five indexes

By Kiku Steinfeld

Chicago, Nov. 23 – GS Finance Corp. priced $650,000 of 0% notes due March 27, 2025 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 38% weight, the Topix index with a 26% weight, the FTSE 100 index with a 17% weight, the Swiss Market index with a 11% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus any basket gain, capped at 25%.

Investors will be exposed to any losses.

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:Basket-linked notes
Underlying basket:Euro Stoxx 50 (38% weight), Topix (26% weight), FTSE 100 (17% weight), Swiss Market (11% weight) and S&P/ASX 200 (8% weight)
Amount:$650,000
Maturity:March 27, 2025
Coupon:0%
Price:Par
Payout at maturity:Par plus any basket gain, capped at 25%; full exposure to losses
Initial index levels:3,926.12 for Stoxx, 1,933.74 for Topix, 7,476.72 for FTSE, 12,202.62 for Swiss Market, 7,341.101 for S&P/ASX 200
Pricing date:March 22
Settlement date:March 25
Agent:Goldman Sachs & Co. LLC
Fees:0.4%
Cusip:40057LKX8

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