Goldman Sachs Issues Autocallable Notes Linked to Momentum Builder Focus ER Index

Goldman Sachs is offering autocallable notes linked to the Goldman Sachs Momentum Builder Focus ER Index, providing investors with full upside participation and a maturity in 2033. The notes are not listed on any exchange, and investors should consider automatic-call triggers, issuer and guarantor credit risk, and potential liquidity constraints.

The call levels increase annually from 100.50% in 2027 up to 103.00% in 2032, with call premiums reaching as high as 67.20%. If the index hits specified annual call levels, the notes may be automatically called, and investors remain exposed to the credit risk of both the issuer and guarantor.

The notes are issued by GS Finance Corp. and guaranteed by Goldman Sachs Group. The determination date is September 12, 2033, and the stated maturity date is September 15, 2033. Goldman Sachs & Co. LLC plans to maintain a market for the notes but is not obligated to do so.