GS Finance plans callable contingent coupon notes on three indexes

Chicago, Nov. 27 – GS Finance Corp. plans to price callable contingent coupon notes due Dec. 13, 2023 linked to the least performing of the Russell 2000 index, the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

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

The notes will pay a contingent quarterly coupon at an annual rate of between 5.85% and 6.35%, the exact level to be determined at pricing, if each index closes at or above 60% of its respective initial level on the coupon observation date for that quarter.

The notes are callable at par plus any contingent coupon on any coupon payment date beginning in December 2019.

If the return of each index is greater than or equal to negative 40%, the payout at maturity will be par plus the final coupon. Investors will be exposed to any losses of the lesser performing index beyond the 40% buffer.

Goldman Sachs & Co. LLC is the agent.

The notes (Cusip: 40056EHX9) will price on Dec. 10 and settle on Dec. 13.

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