Goldman plans 8%-9% fixed coupon autocalls tied to three indexes

By Susanna Moon

Chicago, April 25 – GS Finance Corp. plans to price 8% to 9% autocallable fixed coupon notes due Aug. 21, 2019 linked to the least performing of the Russell 2000 index, the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly, with the exact coupon to be set at pricing.

The notes will be called at par if each index closes at or above its initial level on any of three review dates after six months.

The payout at maturity will be par unless any underlying index finishes below its initial level and ever closes below its 70% downside threshold during the life of the notes, in which case investors will be fully exposed to any losses of the worst performing index.

The guarantor is Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

The notes will price on May 14 and settle on May 17.

The Cusip number is 40055AZ42.

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