Goldman plans autocallable index-linked notes on S&P 500, Euro Stoxx

By Jennifer Chiou

New York, March 4 – Goldman Sachs Group, Inc. plans to price 0% autocallable index-linked notes due March 29, 2018 tied to the Euro Stoxx 50 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a 13% annualized premium if the indexes close at or above their initial index levels on either of two annual call observation dates beginning about one year after issue.

If the notes are not called, the payout at maturity will be par 39% if each index closes at or above its initial level.

If each index finishes at or above 75% of its trigger level, the payout at maturity will be par.

If either index falls by more than 25%, investors will be exposed to any losses of the worst-performing index.

The notes (Cusip: 38147QVY9) will price on March 26 and settle on March 31.

Goldman Sachs & Co. is the agent.

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