GS Finance plans callable contingent coupon notes on three indexes

By Devika Patel

Knoxville, Tenn., June 17 – GS Finance Corp. plans to price callable contingent coupon notes due June 26, 2019 linked to the least performing of the Russell 2000 index, the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

The notes will pay a contingent quarterly coupon at an annual rate of 9.5% if each index closes at or above 60% of its initial level on the coupon payment date for that quarter.

The notes are callable at par plus the contingent coupon on any coupon payment date.

The payout at maturity will be par plus the final coupon unless any index finishes below 60% of its initial level, in which case investors will lose 1% for each 1% loss of the worst performing index.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40054KEB8) will price on June 21 and settle on June 24.

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