Goldman Sachs to price notes linked to GS Momentum Builder index

By Toni Weeks

San Luis Obispo, Calif., Nov. 3 – Goldman Sachs Group, Inc. plans to price 0% notes due May 27, 2022 linked to the GS Momentum Builder Multi-Asset 5 ER index, according to a 424B2 filing with the Securities and Exchange Commission.

The index measures the extent to which the performance of the underlying assets included in the index outperform the sum of Libor plus 50 basis points per year. The assets are up to 14 exchange-traded funds and a money market position and provide exposure to equities, fixed income, emerging markets, alternatives, commodities, inflation and cash equivalent asset classes.

If the index return is positive, the payout at maturity will be par plus triple the index gain. If the index return is zero or negative, the payout will be par.

Goldman Sachs & Co. is the underwriter.

The notes will price Nov. 24 and settle Nov. 28.

The Cusip number is 38147QLV6.

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