Goldman plans 6.75% contingent coupon autocalls on Stoxx 50, Russell

By Susanna Moon

Chicago, April 12 – GS Finance Corp. plans to price autocallable contingent coupon notes due May 2, 2028 linked to the least performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annualized rate of 6.75% if each index closes at or above its 60% 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 interest payment date after one year.

The payout at maturity will be par unless either index finishes below its 50% trigger level, in which case investors will be fully exposed to any losses of the worse performing index.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

The notes will price on April 25 and settle on April 30.

The Cusip number is 40055AWH6.

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