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

By Sarah Lizee

Olympia, Wash., June 11 – GS Finance Corp. plans to price 0% autocallable notes due July 15, 2024 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 a 7.5% call return if the index finishes above the call level for the relevant call observation date. The call level starts at 102.5% on June 29, 2020 and increases 250 basis points each year, ending at 110% on June 28, 2023.

The payout at maturity will be par plus double 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: 40056FLB9) will price on June 28.

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