By William Gullotti
Buffalo, N.Y., July 14 – GS Finance Corp. priced $1 million of 2.6808% index-linked notes due July 14, 2028 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 is paid monthly
If the return of the index is positive, the payout at maturity will be par plus 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 million
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Maturity: | July 14, 2028
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Coupon: | 2.6808% per year, payable monthly
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Price: | Par
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Payout at maturity: | If the index return is positive, par plus the return; otherwise, par
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Initial level: | 101.71
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Pricing date: | July 11
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Settlement date: | July 14
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 4.735%
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Cusip: | 40057MN21
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