New Issue: GS Finance prices $847,000 buffered notes linked to index basket

By Kiku Steinfeld

Chicago, Dec. 16 – GS Finance Corp. priced $847,000 of 0% buffered notes due Aug. 28, 2026 linked to a basket of unequally-weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 43%weight, the MSCI EAFE index with a 21% weight, the MSCI Emerging Markets index with a 9% weight, the S&P MidCap 400 index with a 20% weight and the Russell 2000 index with a 7% weight.

The payout at maturity will be par plus any basket gain, capped at 42.5%.

Investors will receive par if the basket falls by up to 15% and will be exposed to any losses beyond 15%.

The guarantor is Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered notes
Underlying basket:	S&P 500 index (43% weight), MSCI EAFE index (21% weight), MSCI Emerging Markets index (9% weight), S&P MidCap 400 index (20% weight) and Russell 2000 index (7% weight)
Amount:	$847,000
Maturity:	Aug. 28, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain, capped at 42.5%; par if basket declines by up to 15%; 1% loss per 1% decline beyond 15%
Initial levels:	4,496.19 for S&P, 2,345.77 for EAFE, 2,741.39 for MidCap, 1,275.31 for EM and 2,239.269 for Russell
Barrier levels:	85% of initial level
Pricing date:	Aug. 25
Settlement date:	Aug. 30
Agent:	Goldman Sachs & Co. LLC
Fees:	2.8%
Cusip:	40057JAU0

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