GS Finance plans 7.8% callable contingent coupon notes on Stoxx, SPDR bank, SPDR oil & gas

New York, Aug. 6 – GS Finance Corp. plans to price 7.8% callable contingent coupon notes due Aug. 15, 2022 linked to the Euro Stoxx 50 index, the SPDR S&P Bank exchange-traded fund and the SPDR S&P Oil & Gas Exploration & Production 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 pay a contingent monthly coupon at an annual rate of 7.8% if all the underliers close at or above 60% of their initial levels on the corresponding monthly observation date.

GS Finance may redeem the notes in whole at par plus any coupon payment beginning on the payment date in August 2019 up to the payment date in July 2022.

At maturity, if each underlier finishes at or above 60% of its initial level, the payout will be par plus the final coupon.

Otherwise, the payout will be par plus the return of the least performing underlier with full exposure to losses.

Goldman Sachs & Co. is the underwriter.

The notes will price on Aug. 10 and settle on Aug. 15.

The Cusip is 40055QSV5.

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