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Published on 2/14/2024 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $511,000 index-linked notes tied to Russell, S&P, Dow

By William Gullotti

Buffalo, N.Y., Feb. 14 – GS Finance Corp. priced $511,000 of 0% index-linked notes due May 1, 2025 linked to the least performing of the Dow Jones industrial average, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If each index finishes at or above its initial level, the payout at maturity will be par plus 7.3%.

Otherwise, investors will receive par.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Index-linked notes
Underlying indexes:Russell 2000 index, S&P 500 index, Dow Jones industrial average
Amount:$511,000
Maturity:May 1, 2025
Coupon:0%
Price:Par
Payout at maturity:If each index finishes at or above initial level, par plus 7.3%; otherwise, par
Initial levels:1,978.331 for Russell, 4,890.97 for S&P, 38,109.43 for Dow
Pricing date:Jan. 26
Settlement date:Jan. 31
Agent:Goldman Sachs & Co. LLC
Fees:1.7%
Cusip:40057XZ32

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