Published on 4/22/2015 in the Prospect News Structured Products Daily.
New Issue: Goldman prices $3.51 million notes linked to GS Momentum Builder Multi-Asset 5 ER
By Susanna Moon
Chicago, April 21 – Goldman Sachs Group, Inc. priced $3.51 million of 0% notes due April 24, 2023 linked to the GS Momentum Builder Multi-Asset 5 ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain.
If the index falls, the payout will be par.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
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| Issue: | Notes
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| Underlying index: | GS Momentum Builder Multi-Asset 5 ER
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| Amount: | $3,507,000
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| Maturity: | April 24, 2023
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 300% of any index gain; if index falls, par
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| Initial level: | 112.76
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| Pricing date: | April 17
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| Settlement date: | April 24
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 3.9%
|
| Cusip: | 38147QXD3
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