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Published on 4/23/2018 in the Prospect News Structured Products Daily.

GS Finance plans seven-year notes on GS Momentum Builder Multi-Asset

New York, April 23 – GS Finance Corp. plans to price 0% autocallable index-linked notes due May 29, 2025 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the closing level of the index is greater than the call level on any call observation date the notes will be automatically called at par plus the call return of 10% per year. The call level is 103% of its initial level on May 14, 2019, 106% of its initial level on May 14, 2020, 109% of its initial level on May 14, 2021, 112% of its initial level on May 16, 2022, 115% of its initial level on May 15, 2023 and 118% of its initial level on May 14, 2024.

At maturity, the payout will be par plus any index gain, or par if the index declines or finishes flat.

Goldman, Sachs & Co. is the agent.

The notes will price on May 14 and settle on May 17.

The Cusip number is 40055AYU5.


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