GS Finance to price autocallables due 2026 on GS Momentum Builder

Chicago, Nov. 27 – GS Finance Corp. plans to price 0% autocallable notes due Jan. 16, 2016 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.

Beginning on Jan. 2, 2020, if the index closes at or above the applicable call level on any annual call observation date, the notes will be automatically called at par plus the applicable call return each year. The call level is initially 101.5%, stepping up by 150 basis points each year to a call level of 109% for the final observation date on Jan. 2, 2025. The call return starts at 11% and increases by 1100 basis points each year, with a final call return of 66% in 2025.

If the index return is positive, the payout at maturity will be par plus the index return. If the index return is zero or negative, the payout will be par.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40056EHJ0) will price on Jan. 2, 2019 and settle on Jan. 7, 2019.

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