Goldman plans 8% contingent coupon autocalls tied to Stoxx, EM fund

By Susanna Moon

Chicago, July 17 – GS Finance Corp. plans to price autocallable contingent coupon notes due Feb. 3, 2026 linked to the lesser performing of the Euro Stoxx 50 index and the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly coupon at an annual rate of 8% if each underlying asset closes at or above its 80% coupon barrier on the observation date for that month.

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

The payout at maturity will be par unless either asset falls by more than 20%, in which case investors will be exposed to any losses of the worse performing index or fund beyond the buffer.

The guarantor is Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

The notes are expected to price on July 27.

The Cusip number is 40055QMZ2.

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