Goldman plans 6.2% contingent coupon autocalls tied to two indexes

By Susanna Moon

Chicago, Feb. 13 – GS Finance Corp. plans to price autocallable contingent coupon notes due March 1, 2028 linked to the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly coupon at an annual rate of 6.2% if each index closes at or above its 60% coupon barrier on the review date for that month.

The notes will be called at par if each component closes at or above its initial level on any call observation date after one year.

The payout at maturity will be par unless either index finishes below its 50% trigger level, in which case investors will be exposed to any losses of the worse performing index.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

The notes will price on Feb. 23.

The Cusip number is 40055AJV0.

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