New Issue: Goldman prices $1.2 million autocallables linked to GS Momentum Builder

By Marisa Wong

Morgantown, W.Va., Jan. 4 – Goldman Sachs Group, Inc. priced $1.2 million of 0% autocallable notes due Jan. 12, 2023 linked to the GS Momentum Builder Multi-Asset 5 ER index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above the applicable call level on any annual call observation date, the notes will be automatically called at par plus the call return of 10% per year. The call level is initially 105%, stepping up by 5% each year to a call level of 130% for the observation date in 2021.

If the index return is positive, the payout at maturity will be par plus 1.5 times the index return. If the index return is zero or negative, the payout will be par.

Goldman Sachs & Co. is the agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Autocallable notes
Underlying index:	GS Momentum Builder Multi-Asset 5 ER index
Amount:	$1,201,000
Maturity:	Jan. 12, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 1.5 times index return; if index return is zero or negative, par
Call:	Automatically at par plus call return of 10% per year if the index closes at or above the applicable call level on any annual call observation date; call level is initially 105%, stepping up by 5% each year to a call level of 130% for the observation date in 2021
Initial level:	106.31
Pricing date:	Dec. 28
Settlement date:	Dec. 31
Underwriter:	Goldman Sachs & Co.
Fees:	4.9%
Cusip:	38148TJT7

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