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Published on 11/8/2023 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $34.64 million market-linked notes linked to S&P 500

New York, Nov. 8 – GS Finance Corp. priced $34.64 million of 0% market-linked notes due Nov. 5, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 100% of the index return subject to a maximum return of par plus 17.1%. Otherwise investors will receive par.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Market-linked notes
Underlying index:S&P 500 index
Amount:$34,644,000
Maturity:Nov. 5, 2025
Coupon:0%
Price:100.00% of the principal amount
Payout at maturity:If index return is positive, par plus 100% of index return subject to a maximum return of par plus 17.1%; minimum payout of par
Initial level:4,193.8
Upside leverage:100%
Cap:17.1%
Pricing date:Oct. 31
Settlement date:Nov. 3
Agent:Goldman Sachs & Co. LLC
Fees:2.5%
Cusip:40057WTE7

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