Goldman plans 6.15% contingent coupon autocalls on Russell, S&P 500

New York, May 15 – GS Finance Corp. plans to price 6.15% autocallable contingent coupon notes due June 1, 2028 linked to the least performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annualized rate of 6.15% if each index closes at or above its 75% coupon trigger on the observation date for that month.

Starting in May 2109, the notes will be automatically called at par if each index closes at or above its initial level on any quarterly call observation date.

The payout at maturity will be par if both indexes finish at or above 50% of their initial levels, otherwise investors will lose 1% for each 1% decline of the worse performing index from its initial level.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

The notes will price on May 24 and settle on May 29.

The Cusip number is 40055Q7G1.

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