By Susanna Moon
Chicago, Feb. 6 – GS Finance Corp. priced $7.49 million of 0% autocallable notes due Feb. 11, 2025 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The notes will be called at par plus an annual call premium of 9% if index closes at or above the call level on any annual call date.
The call level will be 103.25% of the initial level on the first call review date of Jan. 28, 2019, stepping up by 325 basis points on each subsequent call review date to a final level of 119.5% of the initial level on Jan. 29, 2024.
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 agent.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Autocallable Notes
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| Underlying index: | GS Momentum Builder Multi-Asset 5S ER index
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| Amount: | $7,488,000
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| Maturity: | Feb. 11, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus any index gain, floor of par
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| Call: | At par plus an annual call premium of 9% if the index closes at or above its call level on any annual review date
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| Initial index level: | 111.72
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| Call level: | 103.25% of the initial level for the Jan. 28, 2019 review date, stepping up by 325 bps on each subsequent call review date up to 119.5% of the initial level on Jan. 29, 2024
|
| Pricing date: | Jan. 26
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| Settlement date: | Jan. 31
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 4.86%
|
| Cusip: | 40055ADF1
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