GS Finance to price callable contingent coupon notes on three indexes

By Devika Patel

Knoxville, Tenn., Oct. 23 – GS Finance Corp. plans to price callable contingent coupon notes due Oct. 31, 2027 linked to the least performing of the Euro Stoxx 50 index, the Russell 2000 index and the S&P 500 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 quarterly coupon at an annual rate of 8% if each index closes at or above 67.5% of its initial level on the coupon payment date for that quarter.

The notes are callable at par plus the contingent coupon on any coupon payment date beginning on April 30, 2018 and ending on July 31, 2027.

The payout at maturity will be par plus the final coupon, if any, unless any index finishes below 67.5% of its initial level, in which case investors will lose 1% for each 1% loss of the worst performing index.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40054LX90) will price on Oct. 27 and settle on Oct. 31.

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