Goldman plans contingent coupon callable notes linked to index, fund

By Susanna Moon

Chicago, Sept. 29 – GS Finance Corp. plans to price callable contingent coupon notes due Sept. 29, 2021 linked to the least performing of the Euro Stoxx 50 index and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent monthly coupon at an annual rate of 9.8% if each underlying component closes at or above its 78% coupon barrier on each trading day during the preceding monthly observation period.

The notes are callable at par on any interest payment date after six months.

The payout at maturity will be par unless either component finishes below its 78% trigger level, in which case investors will lose 1.2821% for each 1% decline of the worse performing index or fund beyond 22%.

Goldman Sachs Group, Inc. is the guarantor.

Goldman Sachs & Co. LLC is the agent.

The Cusip number is 40054LT38.

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