Goldman plans five-year trigger autocallables tied to Stoxx, S&P 500

By Susanna Moon

Chicago, Nov. 21 – GS Finance Corp. plans to price 0% autocallable notes due Nov. 28, 2022 linked to the Euro Stoxx 50 index and the S&P 500 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% if each index closes at or above its initial level on any quarterly review date beginning Feb. 21, 2018.

If each index closes 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 no more than 30%, the payout will be par.

If either index finishes below its 70% trigger level, investors will lose 1% per 1% decline of the worse performing index.

The notes will be guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the agent.

The notes will price on Nov. 21 and settle on Nov. 24.

The Cusip number is 40055A4J3.

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