New Issue: GS Finance sells $2.21 million autocallable index-linked notes on S&P 500

By Kiku Steinfeld

Chicago, April 26 – GS Finance Corp. priced $2.21 million of 0% autocallable index-linked notes due Aug. 4, 2026 tied to 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.

The notes will be called at par plus a 12% call premium if the index closes at or above its initial level on July 28, 2025.

If the notes are not called and the index finishes at or above its initial level, the payout at maturity will be par plus the index gain.

Otherwise, investors will receive par.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Autocallable index-linked notes
Underlying index:	S&P 500 index
Amount:	$2,209,000
Maturity:	Aug. 4, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above its initial level, par plus the index gain; otherwise, par
Call:	At par plus 12% call premium if index closes at or above initial level on July 28, 2025
Initial level:	4,582.23
Pricing date:	July 28, 2023
Settlement date:	Aug. 2, 2023
Underwriter:	Goldman Sachs & Co. LLC
Fees:	2.25%
Cusip:	40057TEY6

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