GS Finance plans to price autocallable index-linked notes on Stoxx

By Sarah Lizee

Olympia, Wash., Nov. 22 – GS Finance Corp. plans to price 0% autocallable index-linked notes due Dec. 3, 2024 tied to the Euro Stoxx 50 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 an 8.65% annualized premium if the index closes at or above its initial level on an annual observation date.

If the notes are not called, the payout at maturity will be par plus 43.25% if the index closes at or above its initial level.

If the index falls by up to 45%, the payout will be par.

Otherwise, investors will be exposed to any losses.

Goldman Sachs & Co. LLC is the agent.

The notes will price on Nov. 25.

The Cusip number is 40056XP26.

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