GS Finance intends to sell autocallable notes linked to EAFE, EM ETFS

By Devika Patel

Knoxville, Tenn., April 6 – GS Finance Corp. plans to price 0% autocallable notes due April 18, 2022 linked to the iShares MSCI EAFE exchange-traded fund and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

The notes will be called at par plus a call return of 10.2% plus 2.55% per each subsequent quarter if both funds close at or above their initial levels on any quarterly call observation date beginning on April 9, 2019.

If each fund finishes at or above its initial level, the payout will be par plus 40.8%.

If either fund falls but each fund finishes at or above 55% of its initial level, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the lesser performing fund from its initial level.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40055AVA2) will price on April 9 and settle on April 12.

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