GS Finance plans variable coupon notes on Motif National Defense

By Marisa Wong

Morgantown, W.Va., Nov. 21 – GS Finance Corp. plans to price variable coupon notes due Nov. 27, 2024 linked to the Motif Capital National Defense 7 ER index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The notes will pay an annual coupon based on (a) the index return as measured from the pricing date to each applicable coupon determination date, expected to be Nov. 20 of each year, divided by (b) the number of coupon payment dates that have occurred up to and including the relevant coupon payment date, subject to a minimum coupon rate of 0.5%.

The payout at maturity will be par.

Goldman, Sachs & Co. is the agent.

The notes will price Nov. 22.

The Cusip number is 40055A4W4.

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