Goldman plans 0% seven-year autocallables tied to GS Momentum Builder

By Susanna Moon

Chicago, Aug. 31 – GS Finance Corp. plans to price 0% autocallable notes due Sept. 26, 2024 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 called at par plus an annual call return 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 on the first review date of Aug. 27, 2018, stepping up by 3.25% on each subsequent review date to a final level of 119.5% on Sept. 26, 2023.

The payout at maturity will be par plus any index gain.

If the index falls, the payout will be par.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the agent.

The notes will price on Sept. 12.

The Cusip number is 40054LQQ0.

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