New Issue: GS Finance prices $690,000 notes linked to S&P 500, Nasdaq-100

By Angela McDaniels

Tacoma, Wash., Aug. 17 – GS Finance Corp. priced $690,000 of 0% index-linked notes due Sept. 12, 2024 linked to lesser performing of the S&P 500 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of each index is greater than or equal to its initial level, the payout at maturity will be par plus 1.385 times the return of the lesser performing index. If the final level of any index is less than its initial level, investors will lose 1% for every 1% that the lesser performing index declines from its initial level.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	S&P 500 and Nasdaq-100
Amount:	$690,000
Maturity:	Sept. 12, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of each index is greater than or equal to initial level, par plus 1.385 times return of lesser performing index; otherwise, 1% loss for every 1% that lesser performing index declines from initial level
Initial levels:	4,067.36 for S&P and 12,588.29 for Nasdaq
Pricing date:	Sept. 9, 2022
Settlement date:	Sept. 14, 2022
Underwriter:	Goldman Sachs & Co. LLC
Fees:	0.8%
Cusip:	40057N3E5

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