Goldman plans autocallable contingent coupon notes on S&P, Russell

New York, May 11 – GS Finance Corp. plans to price autocallable contingent coupon index-linked notes due May 24, 2027 linked to the lesser performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

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

The notes will pay a contingent monthly coupon at an annualized rate of 7.1% if each index closes at or above its coupon trigger level, 60% of its initial level, on the valuation date for that month.

Beginning in May 2018, the notes will be automatically called at par plus the contingent coupon if each index closes at or above its initial level on a quarterly coupon determination date.

If the notes are not called and the final level of each index is greater than or equal to its 60% of its initial level, the payout at maturity will be par plus the contingent coupon. Otherwise, investors will be fully exposed to the decline of the worse performing index.

Goldman, Sachs & Co. is the agent.

The notes will price on May 15 and settle on May 19.

The Cusip number is 40054LCH5.

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