GS Finance to price contingent income callable notes linked to indexes

By Marisa Wong

Morgantown, W.Va., June 28 – GS Finance Corp. plans to price contingent income callable securities due July 5, 2018 linked to the least performing of the S&P 500 index, the Russell 2000 index and the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

Each quarter, the notes will pay a contingent coupon at an annual rate of 11% if each index closes at or above its downside threshold level, 65% of its initial index level, on the determination date for that quarter.

Beginning Oct. 5, the notes are callable at par on any quarterly determination date other than the final one.

If each index finishes at or above its downside threshold level, the payout at maturity will be par. Otherwise, investors will be fully exposed to the decline of the least-performing index.

Goldman Sachs & Co. is the underwriter. Morgan Stanley Wealth Management is acting as dealer.

The notes will price June 30.

The Cusip number is 40054KEN2.

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