GS Finance plans callable contingent coupon notes on Nasdaq, ETF

By Wendy Van Sickle

Columbus, Ohio, April 12 – GS Finance Corp. plans to price callable contingent coupon notes due Nov. 2, 2026 linked to the iShares MSCI Emerging Markets ETF and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The notes pay a contingent monthly coupon at an annualized rate of 9.35% if each asset closes at or above 80% of its initial level on the related observation date.

The notes are callable at par on any observation date after one year.

The payout at maturity will be par plus the final coupon unless any asset finishes below 80% of its initial level, in which case investors will be exposed to the decline of the least performing asset.

Goldman Sachs & Co. LLC is the underwriter.

The notes will price on April 26.

The Cusip number is 40056FBM6.

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