Goldman plans seven-year autocallables tied to Motif Capital National

By Susanna Moon

Chicago, Oct. 25 – GS Finance Corp. plans to price 0% autocallable notes due Nov. 12, 2024 linked to the Motif Capital National Defense 7 ER index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annual call premium of 9% if the index closes at or above the call level on any annual observation date. The redemption threshold will be 105% of the initial level on the first review date of Oct. 26, 2018, stepping up by 500 basis points on each subsequent annual review date to a final level of 130% on Oct. 26, 2023.

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

If the index falls, the payout will be par.

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

Goldman Sachs & Co. is the underwriter.

The notes will price on Oct. 26.

The Cusip number is 40054LXT6.

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