GS Finance plans 13.25% to 14.25% contingent coupon autocalls linked to Micron Technology

New York, May 31 – GS Finance Corp. plans to price 13.25% to 14.25% autocallable contingent coupon notes due June 22, 2020 linked to the common stock of Micron Technology, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly coupon at an annual rate of 13.25% to 14.25% if the underlying stock closes at or above its 60% coupon barrier on the observation date for that month. The exact coupon will be set at pricing.

The notes will be called at par if the stock closes at or above its initial level on any review date after six months.

The payout at maturity will be par unless the stock closes below its 60% downside threshold, in which case investors will be fully exposed to any losses.

The guarantor is Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

The notes will price on June 15 and settle on June 20.

The Cusip number is 40055QBS0.

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