GS Finance plans trigger autocallable contingent yield notes on MSCI EM, Russell indexes

New York, June 5 – GS Finance Corp. plans to price 6.3% to 7.3% trigger autocallable contingent yield notes due June 20, 2028 linked to the lesser performing of the MSCI Emerging Markets index and the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

Each quarter, the notes will pay a contingent coupon at an annual rate of 6.3% to 7.3% if each index closes at or above its 70% coupon barrier on the observation date for that quarter. The exact coupon will be set at pricing.

Starting June 19, 2019, the notes will be automatically called at par of $10 if each index closes at or above its initial level on any quarterly observation date.

The payout at maturity will be par unless either index finishes below its 50% downside threshold level, in which case investors will be fully exposed to the decline of the lesser-performing index.

Goldman Sachs & Co. LLC is the underwriter with UBS Financial Services Inc. as selling agent.

The notes will price on June 15 and settle on June 20.

The Cusip number is 36254G820.

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