GS Finance plans autocallable buffered notes tied to Euro Stoxx 50

By Devika Patel

Knoxville, Tenn., July 10 – GS Finance Corp. plans to price 36- to 39-month 0% autocallable buffered notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

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

The exact maturity will be set at pricing.

The notes will be called at par plus a premium if the index closes at or above its initial level on either of the two call observation dates, which are expected to be 13 months and 24 months after pricing. The notes will be called at 108.667% to 110.183% of par if called on the first observation date and at 116% to 118.8% of par if called on the second observation date. The exact call premiums and call dates will be set at pricing.

If the index finishes at or above the initial level, the payout at maturity will be the maximum settlement amount of $1,240 to $1,282 for each $1,000 principal amount. The exact maximum settlement amount will be set at pricing.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% decline below the 85% buffer level.

Goldman Sachs & Co. is the agent.

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