GS Finance plans contingent coupon autocallables on two indexes, ETF

By Marisa Wong

Morgantown, W.Va., March 11 – GS Finance Corp. plans to price autocallable contingent coupon index-linked notes due April 7, 2022 linked to the Dow Jones industrial average, Russell 2000 index and iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The notes will pay a contingent quarterly coupon of 2.25% to 2.5% if each index closes at or above its coupon trigger level, 70% of the initial level, on the observation date for that quarter.

The payout at maturity will be par unless any index falls by more than 30%, in which case investors will be fully exposed to any losses of the worst performing index.

The notes will be automatically called at par plus the contingent coupon if each index closes at or above its initial level on any quarterly call observation date.

Goldman, Sachs & Co. is the agent

The notes will price on March 24.

The Cusip number is 40054K6G6.

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