New Issue: GS Finance sells $7.67 million leveraged buffered index-linked notes on S&P Equal Weight

By William Gullotti

Buffalo, N.Y., Jan. 9 – GS Finance Corp. priced $7.67 million of 0% leveraged buffered index-linked notes due May 22, 2024 tied to the S&P 500 Equal Weight 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 1.5 times the index gain, capped at par plus 31.3%.

If the index return is flat or falls by up to 10%, investors will receive par. Investors will lose 1% for every 1% decline beyond 10%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	S&P 500 Equal Weight index
Amount:	$7,665,000
Maturity:	May 22, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5 times the index gain, capped at par plus 31.3%; if index return is flat or falls by up to 10%, par; 1% loss for every 1% decline beyond 10%
Initial index level:	5,852.07
Buffer level:	90% of initial level
Strike date:	Nov. 16, 2022
Pricing date:	Nov. 17, 2022
Settlement date:	Nov. 22, 2022
Agent:	Goldman Sachs & Co. LLC
Fees:	None
Cusip:	40057NYJ0

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