GS Finance to price seven-year autocallables on GS Momentum Builder

By Marisa Wong

Morgantown, W.Va., Nov. 20 – GS Finance Corp. plans to price 0% autocallable notes due Dec. 12, 2024 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.

The notes will be called at par plus an annual call premium of 12% if the index closes at or above its call level on any annual review date. The call level will be 104% of the initial level for the Nov. 27, 2018 review date, stepping up by 400 basis points on each subsequent call review date up to 124% of the initial level on Nov. 27, 2023.

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

Goldman, Sachs & Co. is the agent.

The notes will price on Nov. 27.

The Cusip number is 40054LZU1.

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