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Published on 2/8/2023 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $6.01 million leveraged buffered index-linked notes on Russell

By Wendy Van Sickle

Columbus, Ohio, Feb. 8 – GS Finance Corp. priced $6.01 million of 0% leveraged buffered index-linked notes due Feb. 8, 2027 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, investors will receive par plus 150% of the index gain, capped at par plus 62.2%.

If the index return is flat or falls by up to 15%, investors will receive par. Investors will lose 1% for every 1% decline beyond 15%.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:Russell 2000 index
Amount:$6,013,000
Maturity:Feb. 8, 2027
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of the index gain, capped at par plus 62.2%; if index return is flat or falls by up to 15%, par; 1% loss for every 1% decline beyond 15%
Initial index level:1,985.534
Buffer level:85% of initial level
Pricing date:Feb. 3
Settlement date:Feb. 8
Agent:Goldman Sachs & Co. LLC
Fees:0%
Cusip:40057PH62

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