Goldman plans seven-year autocallables on Momentum Builder Multi-Asset

By Susanna Moon

Chicago, June 15 – GS Finance Corp. plans to price 0% autocallable notes due July 12, 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 premium of 9% if the index closes at or above its call level on any annual observation date. The call level will be 103.25% for the first call date, stepping up by 3.25% on each subsequent call date to a final level of 119.5% on June 27, 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 June 27.

The Cusip number is 40054LEX8.

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