Goldman to price protected notes linked to GS Momentum Builder

By Jennifer Chiou

New York, Feb. 24 – Goldman Sachs Group, Inc. plans to price 0% notes due Feb. 28, 2025 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 up to 14 exchange-traded funds and a money market position outperform the sum of Libor plus a daily index fee of 50 basis points per year. As a result of monthly rebalancing, the index may include as few as four underlying assets and may never include some of the assets or asset classes. The selected underlying assets must outperform Libor plus 50 bps for the index level to increase.

The payout at maturity will be par plus 3.75 times any gain in the index.

If the index falls, the payout will be par.

The notes (Cusip: 38147QV86) will price on Feb. 25 and settle on Feb. 27.

Goldman Sachs & Co. is the underwriter.

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