GS Finance plans to price autocallable notes on Euro Stoxx, MSCI EAFE

By Tali Rackner

Minneapolis, June 22 – GS Finance Corp. plans to price 0% autocallable notes due July 2, 2021 linked to the Euro Stoxx 50 index and the MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

The notes will be called at par plus an annualized call premium of 11.25% to 12% if each underlier closes at or above its initial level on any yearly call observation date.

If the notes are not called and the return of each underlier is positive, the payout at maturity will be par plus the maturity premium, which is expected to be 45% to 48% and will be set at pricing.

If each underlier finishes at or below its initial level but at or above 70% of the initial level, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the lesser-performing underlier from its initial level.

Goldman Sachs & Co. is the agent.

The notes will price June 23 and settle on June 30.

The Cusip number is 40054LFX7.

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