GS Finance plans 8% autocallable notes on Nasdaq-100, Dow, Russell

New York, Aug. 6 – GS Finance Corp. plans to price 8% autocallable fixed-coupon notes due Feb. 26, 2020 linked to the Nasdaq-100 index, the Dow Jones industrial average and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

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

The coupon will be paid quarterly.

If each index closes at or above its initial level on a call observation date, the notes will be automatically called at par plus the coupon. The call observation dates are Feb. 19, 2019, May 20, 2019, Aug. 19, 2019 and Nov. 19, 2019.

The payout at maturity will be par unless any index closes below its trigger level of 70% of its initial level on any day during the life of the notes in which case investors will be exposed to the decline of the worst performing index.

Goldman Sachs & Co. is the underwriter.

The notes will price on Aug. 17 and settle on Aug. 22.

The Cusip number is 40055QST0.

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