Goldman plans five-year autocallables with 75% trigger tied to indexes

By Susanna Moon

Chicago, Oct. 12 – GS Finance Corp. plans to price autocallable notes due Nov. 2, 2022 linked to least performing of the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus an annual call premium of 10% to 11% if each index closes at or above its initial level on any call observation date.

If each index finishes at or above its initial level, the payout at maturity will be $1,500 to $1,550 for each $1,000 principal amount.

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

Otherwise, the payout at maturity will be par plus the worse performing index with full exposure to any losses.

Goldman Sachs Group, Inc. is the guarantor.

Goldman Sachs & Co. LLC is the agent.

The notes will price on Oct. 26.

The Cusip number is 40054LVP6.

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