GS Finance plans autocallable notes linked to Russell 2000, Nikkei 225

By Marisa Wong

Morgantown, W.Va., March 8 – GS Finance Corp. plans to price 0% autocallable notes due March 12, 2020 linked to the Russell 2000 index and the Nikkei 225 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 be called at par plus a 12.5% call premium if each index closes at or above its initial level on March 15, 2018 and at par plus 25% if each index closes at or above 95% of its initial level on March 11, 2019.

If the notes are not called and the return of each index is at least negative 10%, the payout at maturity will be par plus 37.5%.

If the return of either index is less than negative 10% but greater than or equal to negative 25%, the payout will be par.

If either index falls by more than 25%, investors will lose 1% for each 1% decline of the lesser-performing index.

Goldman Sachs & Co. is the agent.

The notes will price on March 9.

The Cusip number is 40054KZU3.

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