GS Finance to price contingent coupon autocallables on three indexes

New York, July 24 – GS Finance Corp. plans to price 9.5% to 10.5% autocallable contingent coupon notes due Feb. 21, 2020 linked to the S&P 500 index, Euro Stoxx 50 index and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

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

Each quarter, the notes will pay a contingent coupon at a rate of 9.5% to 10.5% per year if all the indexes close at or above their coupon trigger levels, 70% of their initial levels, on the observation date for that quarter. The exact coupon will be set at pricing.

Starting in February 2019 and ending in November 2019, the notes will be automatically called at par if all the indexes close at or above their initial levels on any quarterly observation date.

The payout at maturity will be par plus the final coupon unless any index closes below its trigger level, 70% of its initial level, on any day during the life of the notes and any index finishes below its initial level, in which case investors will be exposed to the decline of the least performing index from its initial level.

Goldman Sachs & Co. LLC is the underwriter.

The notes are expected to price on Aug. 13 and settle on Aug. 16.

The Cusip number is 40055QNL2.

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