Published on 6/29/2015 in the Prospect News Structured Products Daily.
New Issue: Goldman prices $2.97 million eight-year notes on GS Momentum Builder
By Susanna Moon
Chicago, June 26 – Goldman Sachs Group, Inc. priced $2.97 million of 0% notes due June 29, 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 3.15 times any index gain.
If the index falls, the payout will be par.
Goldman Sachs & Co. is the agent.
Issuer: | Goldman Sachs Group, Inc.
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Issue: | Notes
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Underlying index: | GS Momentum Builder Multi-Asset 5 ER index
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Amount: | $2,973,000
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Maturity: | June 29, 2023
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 3.15 times any index gain, floor of par
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Initial level: | 110.17
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Pricing date: | June 25
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Settlement date: | June 30
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Underwriter: | Goldman Sachs & Co.
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Fees: | 4.7%
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Cusip: | 38148T3V9
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