New Issue: Goldman sells $4.18 million trigger autocallables tied to Stoxx, Russell

By Susanna Moon

Chicago, June 20 – GS Finance Corp. priced $4.18 million of 0% autocallable notes due June 7, 2022 linked to the Euro Stoxx 50 index and the Russell 2000 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 annual call premium of 12.5% if each index closes at or above its initial level on any quarterly observation date beginning Nov. 30, 2017.

If each index finishes at or above its initial level, the payout at maturity will be $1,500 for each $1,000 principal amount.

If either index falls but by up to the 75% trigger level, the payout will be par.

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

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Autocallable notes
Underlying indexes:	Euro Stoxx 50, Russell 2000
Amount:	$4,179,000
Maturity:	June 7, 2022
Coupon:	0%
Price:	Par of $10
Call:	At par plus 12.5% annualized if index closes at or above initial level on any quarterly observation date beginning Nov. 30, 2017
Payout at maturity:	If each index gains, par plus 50%; if either index falls by up 25%, par; otherwise, 1% loss per 1% decline of the worse performing index
Initial levels:	3,554.59 for Stoxx, 1,370.208 for Russell
Trigger levels:	75% of initial levels
Pricing date:	May 31
Settlement date:	June 7
Underwriter:	Goldman, Sachs & Co.
Fees:	4.2%
Cusip:	40054LDH4

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