GS Finance plans callable contingent coupon notes on three indexes

New York, April 24 – GS Finance Corp. plans to price 8% callable contingent coupon notes due May 8, 2023 linked to the least performing of the Dow Jones Industrial average, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

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

The notes will pay a contingent quarterly coupon at an annual rate of 8% if all three indexes close at or above 70% of their initial levels on the coupon determination date for that period.

Beginning on Aug. 8, 2018 and ending on Feb. 8, 2023, GS Finance may call the notes in whole but not in part at par plus any contingent coupon on any coupon payment date.

The payout at maturity will be par plus any final coupon unless any index finishes below 60% of its initial level, in which case investors will lose 1% for each 1% decline of the worst performing index from its initial level.

Goldman Sachs & Co. is the agent.

The notes will price on May 3 and settle on May 8.

The Cusip number is 40055AZ91.

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