GS Finance plans autocallable contingent coupon notes tied to Russell

By Susanna Moon

Chicago, Dec. 29 – GS Finance Corp. plans to price autocallable contingent coupon notes due Dec. 31, 2020 linked to the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes at or above the 75% trigger level on any semiannual determination date, the notes will pay a contingent coupon at an annualized rate from 10.2% to 10.8%.

If the index closes at or above its initial level on any determination date from June 2016 to and including June 2020, the notes will be called at par plus the contingent coupon for that period.

If the notes are not called, the payout at maturity will be par plus the final coupon if the index closes at or above the 75% trigger level. Otherwise, investors will be fully exposed to the loss.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the underwriter.

The notes will settle on Dec. 31.

The Cusip number is 40054CAC8.

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