GS Finance plans contingent income callable notes on three indexes

By Wendy Van Sickle

Columbus, Ohio, Aug. 24 – GS Finance Corp. plans to price contingent income callable securities due Aug. 30, 2018 linked to the least performing of the Russell 2000 index, the Euro Stoxx 50 index and the S&P 500 index, according to an FWP 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% if each index closes at or above its downside threshold level, 65% of its initial index level, on each day during that quarter.

The notes will be callable at par on any interest payment date.

The payout at maturity will be par unless any index finishes below its downside threshold level, in which case investors will be fully exposed to any losses of the worst performing index.

Goldman Sachs & Co. is the underwriter. Morgan Stanley Wealth Management is the dealer.

The notes will price on Aug. 26.

The Cusip number is 40054KHW9.

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