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

New York, Sept. 2 – Goldman Sachs Group, Inc. plans to price autocallable contingent coupon index-linked notes due Oct. 14, 2025 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a continent quarterly coupon at an annualized rate of 6.5% if each index closes at or above its coupon trigger level, 50% of its initial level, on the coupon determination date for that quarter.

The notes will be called at par plus the coupon starting in September 2016 if each index closes at or above its initial level on any coupon determination date.

The payout at maturity will be par plus any contingent coupon unless either index finishes below 50% of its initial level in which case investors will be fully exposed to any losses in the worse performing index.

Goldman, Sachs & Co. is the agent.

The notes will price on Sept. 28 and settle on Sept. 30.

The Cusip number is 38148TDK2.

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