Goldman plans contingent coupon autocallables linked to two indexes

By Susanna Moon

Chicago, Sept. 20 – GS Finance Corp. plans to price autocallable contingent coupon notes due April 2, 2019 linked to the least performing of 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 contingent quarterly coupon at an annual rate of 5.5% to 6.25% if each index closes at or above its 70% coupon barrier on review date for that quarter.

The notes will be called at par if each index closes at or above its initial level on any quarterly call observation date from March 2018 and ending in December 2018.

The payout at maturity will be par unless either index finishes below its initial level and ever closes below its 70% trigger level, in which case investors will be fully exposed to any losses of the worse performing index.

Goldman Sachs Group, Inc. is the guarantor.

Goldman Sachs & Co. LLC is the agent.

The notes will price on Sept. 26.

The Cusip number is 40054LRS5.

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