Goldman Sachs to price CDs due 2025 on Motif Capital Aging of America

By Sarah Lizee

Olympia, Wash., Dec. 5 – Goldman Sachs Bank USA plans to price 0% certificates of deposit due Sept. 25, 2025 linked to the Motif Capital Aging of America 7 ER index, according to a term sheet.

If the index return is positive, the payout at maturity will be par plus 250% to 275% of the index return. The exact upside participation rate will be set at pricing. If the index return is zero or negative, the payout will be par.

Goldman Sachs & Co. is the underwriter. Incapital LLC is distributor.

The CDs will price Dec. 21.

The Cusip number is 38148RQN6.

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