Published on 2/9/2018 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $3.12 million market-linked notes on Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., Feb. 9 – GS Finance Corp. priced $3.12 million of 0% market-linked notes due Feb. 5, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus 1.6 times any index gain. If the index finishes flat or falls, the payout will be par.
Goldman Sachs & Co. LLC is the underwriter with Morgan Stanley Wealth Management as dealer.
Issuer: | GS Finance Corp.
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Guarantor: | Goldman Sachs Group, Inc.
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Issue: | Market-linked notes
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Underlying index: | Euro Stoxx 50 index
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Amount: | $3,124,400
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Maturity: | Feb. 5, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.6 times any index gain; if index finishes flat or falls, par
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Initial index level: | 3,609.29
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Pricing date: | Jan. 31
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Settlement date: | Feb. 5
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Underwriter: | Goldman Sachs & Co. LLC
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Dealer: | Morgan Stanley Wealth Management
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Fees: | 3.9%
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Cusip: | 36254F582
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