By William Gullotti
Buffalo, N.Y., June 9 – GS Finance Corp. priced $1.11 million of 1.8% index-linked notes due May 31, 2029 linked to the performance of the GS Momentum Builder Focus ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
Interest will be paid monthly.
If the return of the index is positive, the payout at maturity will be par plus 500% of the return of the index.
Otherwise, investors will receive par.
Goldman Sachs & Co. LLC is the agent.
Issuer: | GS Finance Corp.
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Guarantor: | Goldman Sachs Group, Inc.
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Issue: | Index-linked notes
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Underlying index: | GS Momentum Builder Focus ER index
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Amount: | $1,109,000
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Maturity: | May 31, 2029
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Coupon: | 1.8%, paid monthly
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Price: | Par
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Payout at maturity: | If the index return is positive, par plus 500% of the return; otherwise, par
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Initial level: | 102.02
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Pricing date: | May 25
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Settlement date: | May 31
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 4%
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Cusip: | 40057RS33
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