Goldman plans contingent coupon autocallables linked to two indexes

By Susanna Moon

Chicago, June 15 – GS Finance Corp. plans to price autocallable contingent coupon notes due Oct. 4, 2018 linked to the least performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a contingent quarterly coupon at an annual rate of 7.25% to 8.25% if each index closes at or above its 70% coupon barrier on the review date for that quarter.

The notes will be called at par plus the contingent coupon if each index closes at or above its initial level on any review date from December 2017 through June 2018.

The payout at maturity will be par unless either index finishes below its initial level and ever closes below its 70% trigger level, in which case investors will lose 1% for each 1% decline 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 June 27.

The Cusip number is 40054LF58.

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