GS Finance to price autocallables due 2025 on GS Momentum Builder

By Marisa Wong

Morgantown, W.Va., May 29 – GS Finance Corp. plans to price 0% autocallable notes due June 26, 2025 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.

The notes will be called at par plus an annual call premium of 5% if the index closes at or above its call level on any annual review date. The call level will be 101.25% of the initial level for the June 12, 2019 review date, stepping up by 125 basis points on each subsequent call review date up to 107.5% of the initial level on the June 12, 2024 final review date.

The payout at maturity will be par plus any index gain. If the index falls, the payout will be par.

Goldman Sachs & Co. is the agent.

The notes will price on June 12.

The Cusip number is 40055QAU6.

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