By Marisa Wong
Morgantown, W.Va., June 7 – GS Finance Corp. priced $779,000 of 1.25% notes due May 26, 2023 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
Interest is payable monthly.
If the index return is greater than 7.5%, the payout at maturity will be par plus 1.25 times any index gain in excess of 7.5%. Otherwise, the payout will be par.
Goldman Sachs & Co. is the agent.
Issuer: | GS Finance Corp.
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Guarantor: | 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: | $779,000
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Maturity: | May 26, 2023
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Coupon: | 1.25%, payable monthly
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Price: | Par
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Payout at maturity: | Par plus 1.25 times any index gain in excess of 7.5%; otherwise, par
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Initial index level: | 101.79
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Pricing date: | May 25
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Settlement date: | May 31
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Agent: | Goldman Sachs & Co.
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Fees: | 4.35%
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Cusip: | 40054LBL7
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