GS Momentum plans autocallables due 2028 on GS Momentum Builder

By Marisa Wong

Morgantown, W.Va., May 23 – GS Finance Corp. plans to price 0% autocallable notes due June 12, 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 are guaranteed by Goldman Sachs Group, Inc.

The notes will be called at par plus an annual call premium of 9% if the index closes at or above its call level on any semiannual review date. The call level will be 101.25% of the initial level for the Nov. 26, 2018 review date, stepping up by 125 basis points on each subsequent call review date up to 123.75% of the initial level on the Nov. 26, 2027 final review date.

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 May 24.

The Cusip number is 40055Q3V2.

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