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Published on 6/13/2023 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $537,000 autocallable index-linked notes on Momentum Builder

By Kiku Steinfeld

Chicago, June 13 – GS Finance Corp. priced $537,000 of 0% autocallable index-linked notes due Feb. 9, 2028 linked to the performance of the Goldman Sachs Momentum Builder Focus ER 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 par plus 18% if the index closes above its initial level on Jan. 26, 2024.

If the return of the index is positive, the payout at maturity will be par plus 3 times the index return.

Otherwise, investors will receive par.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Autocallable index-linked notes
Underlying index:Goldman Sachs Momentum Builder Focus ER
Amount:$537,000
Maturity:Feb. 9, 2028
Coupon:0%
Price:Par
Payout at maturity:If the index return is positive, par plus 3 times index return; otherwise, par
Call:At par plus 18% if index closes above initial level on Jan. 26, 2024
Initial level:101.31
Pricing date:Jan. 26, 2023
Settlement date:Jan. 31, 2023
Agent:Goldman Sachs & Co. LLC
Fees:3.96%
Cusip:40057PEC2

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