GS Finance plans to price autocallables linked to GS Momentum Builder

By Devika Patel

Knoxville, Tenn., March 24 – GS Finance Corp. plans to price 0% autocallable notes due April 11, 2024 linked to the GS Momentum Builder Multi-Asset 5 ER index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

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 6% per year. The call level is initially 102.25% of the initial index level, stepping up by 2.25% each year to a call level of 113.5% for the observation date in 2023.

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

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40054L3B8) will price March 28 and settle March 31.

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