Goldman plans contingent coupon callable notes tied to index, fund

By Susanna Moon

Chicago, Oct. 26 – GS Finance Corp. plans to price callable contingent coupon notes due November 2021 linked to least performing of the Russell 2000 index, the S&P 500 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 8.3% to 9.5% if each underlying component closes at or above its 80% coupon barrier on the observation for that quarter.

The notes are callable at par on any interest payment date after six months.

The payout at maturity will be par the contingent coupon unless any underlying component finishes below its 60% trigger level, in which case investors will be fully exposed to any losses of the worst performing index or fund.

Goldman Sachs Group, Inc. is the guarantor.

Goldman Sachs & Co. LLC is the agent.

The Cusip number is 40054LXQ2.

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