GS Finance plans five-year autocallables tied to GS Momentum Builder

By Marisa Wong

Morgantown, W.Va., Feb. 21 – GS Finance Corp. plans to price 0% autocallable notes due March 9, 2022 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a 424B2 filing with the Securities and Exchange Commission.

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

The notes will be called at par plus an annual call premium of 9% if the index closes at or above its call level on any annual review date. The call level will be 103.25% of the initial level beginning on Feb. 23, 2018, stepping up by 325 basis points on each subsequent call review date up to 113% on Feb. 23, 2021.

The payout at maturity will be par plus any index gain. If the index falls, the payout will be par.

Goldman Sachs & Co. is the underwriter.

The notes will price on Feb. 23.

The Cusip number is 40054KVP8.

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