Published on 3/26/2018 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $500,000 six-year notes on Motif National Defense
By Marisa Wong
Morgantown, W.Va., March 26 – GS Finance Corp. priced $500,000 of 0% notes due March 21, 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 2 times any index gain. If the index falls, 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: | Motif Capital National Defense 7 ER index
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Amount: | $500,000
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Maturity: | March 21, 2024
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 2 times any index gain; if the index falls, par
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Initial level: | 136.08
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Pricing date: | March 16
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Settlement date: | March 21
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Agent: | Goldman Sachs & Co.
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Fees: | 4.875%
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Cusip: | 40055ART6
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