GS Finance to price autocalls tied to Motif Capital Aging of America 7

By Wendy Van Sickle

Columbus, Ohio, April 15 – GS Finance Corp. plans to price 0% autocallable notes due May 10, 2027 linked to the Motif Capital Aging of America 7 ER 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 be called annually at par plus an 8.25% call return if the index finishes above the call level for the relevant call observation date. The call level starts at 101.25% on April 27, 2020 and increases 125 basis points each year, ending at 108.75% on April 27, 2026.

The payout at maturity will be par plus any index gain. If the index is flat or falls, the payout will be par.

Goldman Sachs & Co. LLC is the agent.

The notes (Cusip: 40056FBQ7) will price on April 26.

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