GS Finance to price autocallable index-linked notes on Russell, Dow

By Marisa Wong

Los Angeles, July 11 – GS Finance Corp. plans to price 0% autocallable index-linked notes due Aug. 6, 2024 tied to the Russell 2000 index and the Dow Jones industrial average, 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 a 9.3% annualized premium if both indexes close at or above their initial index levels on any annual observation date.

If both indexes finish at or above their initial levels, the payout at maturity will be par plus 46.5%.

If either index falls but neither falls by more than 40%, the payout will be par.

Otherwise, investors will be exposed to the decline of the lesser performing index.

Goldman Sachs & Co. is the agent.

The notes will price on July 30.

The Cusip number is 40056FUJ2.

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