By Marisa Wong
Morgantown, W.Va., Sept. 6 – GS Finance Corp. priced $918,000 of 0% notes due Sept. 3, 2024 linked to the Motif Capital National Defense 7 ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus 200% of any index gain. If the index falls, the payout will be par.
The index tracks the U.S. exchange-listed common equity of public companies that derive at least 10% of their revenue from defense-related sales, principally of weapons systems to U.S. and foreign governments. The index measures the extent to which the stocks and any money market position outperform Libor plus 75 basis points per year, accruing daily.
Goldman Sachs & Co. is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | Motif Capital National Defense 7 ER index
|
| Amount: | $918,000
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| Maturity: | Sept. 3, 2024
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any index gain; otherwise, par
|
| Initial level: | 119.92
|
| Pricing date: | Aug. 28
|
| Settlement date: | Aug. 31
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 4.5%
|
| Cusip: | 40054LNL4
|
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