GS Finance to price autocallable notes on Euro Stoxx 50, MSCI ACWI

By Marisa Wong

Morgantown, W.Va., Dec. 14 – GS Finance Corp. plans to price 0% autocallable notes due Dec. 24, 2021 linked to the Euro Stoxx 50 index and the MSCI ACWI index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The notes will be called at par plus 11.65% per year if both indexes close at or above their initial levels on any annual call observation date.

If each index finishes at or above its initial level, the payout at maturity will be par plus 46.6%.

If either index falls but both finish at or above 70% of their initial levels, the payout will be par plus 10%.

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

Goldman, Sachs & Co. is the agent.

The notes will price on Dec. 15.

The Cusip number is 40055AB30.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.