GS Finance plans to price autocallables linked to GS Momentum Builder

By Devika Patel

Knoxville, Tenn., June 18 – GS Finance Corp. intends to offer 0% autocallable notes due July 11, 2028 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

Beginning June 24, 2019, the notes will be called at par plus an annual call return of 9% if the index closes at or above its call level on any annual call observation date. The call level will be 101.35% of the initial level for the first call observation date, stepping up by 135 basis points on each subsequent year to a final call level of 112.15% of the initial level for the ninth observation date on June 24, 2027.

If the index return is positive, the payout at maturity will be par plus the index return. If the index return is zero or negative, the payout will be par.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40055QFZ0) will price June 22 and settle June 27.

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