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Published on 2/7/2021 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $742,000 index-linked notes on Russell, Nasdaq, S&P

By Kiku Steinfeld

Chicago, Feb. 8 – GS Finance Corp. priced $742,000 of 0% index-linked notes due Jan. 29, 2026 tied to the Russell 2000 index, the Nasdaq-100 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

At maturity, if the return of all three indexes is greater than or equal to 70% of their initial levels, the payout will be the maximum settlement amount of $1,200 per $1,000 principal amount of notes.

Otherwise, investors will be exposed to any losses of the least performing index.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Index-linked notes
Underlying indexes:Russell 2000, Nasdaq-100 and S&P 500
Amount:$742,000
Maturity:Jan. 29, 2026
Coupon:0%
Price:Par
Payout at maturity:If the return of all three indexes is greater than or equal to 70% of their initial levels, $1,200 per $1,000 principal amount of notes; otherwise, exposure to any losses of the least performing index
Initial levels:13,490.19 for Nasdaq, 2,149.856 for Russell, 3,849.62 for S&P
Pricing date:Jan. 26
Settlement date:Jan. 29
Agent:Goldman Sachs & Co.
Fees:4.475%
Cusip:40057EY43

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