Goldman plans two-year contingent coupon autocallables tied to indexes

By Susanna Moon

Chicago, June 13 – GS Finance Corp. plans to price autocallable contingent coupon notes due July 8, 2019 linked to the worse performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 5% to 5.75% if each index closes at or above its 70% coupon barrier on the observation date for that quarter.

The notes will be called at par if each index closes at or above its initial level on any contingent coupon payment date from December 2017 to and including March 2019.

The payout at maturity will be par plus the contingent coupon unless either index finishes below its 70% trigger level, in which case investors will be fully exposed to the decline of the worse performing index.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the underwriter.

The notes will price on June 28.

The Cusip number is 40054LEG5.

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