Goldman Sachs plans autocallable index-linked notes tied to Stoxx 50

By Sarah Lizee

Olympia, Wash., July 22 – GS Finance Corp. plans to price 0% autocallable index-linked notes due Aug. 8, 2022 linked to the Euro Stoxx 50 index, 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 premium if the index closes at or above the initial index level on either annual call date. The call premium will increase will be 10.05% per year.

If the final level of the index is greater than or equal to its initial level, the payout at maturity will be par plus 30.15%.

If the index declines by up to 25%, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the index from its initial level.

Goldman Sachs & Co. LLC is the agent.

The notes will price on July 30.

The Cusip number is 40056FVE2.

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