Goldman Sachs Offers S&P 500-Linked Market Notes with Guaranteed Principal Protection

Goldman Sachs has launched Market Linked Notes tied to the S&P 500 Index, set to mature on November 1, 2030. GS Finance Corp., a subsidiary of The Goldman Sachs Group, Inc., issued the notes with a guarantee from its parent company.

The notes offer investors a chance to earn at least 32.90% of the face value per note, with full upside participation up to 100%. However, if the S&P 500 ending level is at or below the starting level on October 29, 2030, investors will only receive their principal amount of $1,000.

The estimated pricing value of the notes ranges from $900 to $930 per $1,000 face amount, reflecting Goldman Sachs & Co.'s pricing models. Wells Fargo Securities, LLC serves as the distribution agent and may earn an underwriting discount up to 3.825% of the total face amount.

The prospectus highlights several risks associated with these notes, including no interest payments, capped returns, and credit risk from both issuer and guarantor.