By Jennifer Chiou
New York, Dec. 1 – Goldman Sachs Group, Inc. priced $1.7 million of 1% notes due Nov. 29, 2019 linked to the GS Momentum Builder Multi-Asset 5 ER index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will be payable annually.
If the index return is more than 5%, the payout at maturity will be par plus the return minus 5%.
Otherwise, the payout will be par.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | GS Momentum Builder Multi-Asset 5 ER
|
| Amount: | $1.7 million
|
| Maturity: | Nov. 29, 2019
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| Coupon: | 1%, payable annually
|
| Price: | Par
|
| Payout at maturity: | If index return is more than 5%, par plus the return minus 5%; otherwise, par
|
| Initial index level: | 110.78
|
| Pricing date: | Nov. 25
|
| Settlement date: | Nov. 28
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 3.05%
|
| Cusip: | 38147QNZ5
|
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