Goldman plans 6.45% contingent coupon callables on Nasdaq, Dow, S&P

By Susanna Moon

Chicago, Nov. 5 – GS Finance Corp. plans to price callable contingent coupon notes due November 2022 linked to the least performing of the S&P 500 index, the Dow Jones industrial average and the Nasdaq-100 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 6.45% if each index closes at or above its 60% coupon barrier on the observation date for that quarter.

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

The payout at maturity will be par unless any index closes below its 50% trigger level, in which case investors will be fully exposed to any losses of the worst performing index.

The guarantor is Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

The Cusip number is 40056ECH9.

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