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Published on 4/25/2018 in the Prospect News Structured Products Daily.

GS Finance to sell 10-year autocallable notes on GS Momentum Builder

New York, April 25 – GS Finance Corp. plans to price 0% autocallable index-linked notes due May 15, 2028 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 13% per year. The call level is 102.4% of its initial level on April 29, 2019, 104.8% of its initial level on April 29, 2020, 107.2% of its initial level on April 29, 2021, 109.6% of its initial level on April 29, 2022, 112% of its initial level on May 1, 2023, 114.4% of its initial level on April 29, 2024, 116.8% of its initial level on April 29, 2025, 119.2% of its initial level on April 29, 2026 and 121.6% of its initial level on April 29, 2027.

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 April 27 and settle on May 2.

The Cusip number is 40055AZG5.


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