Published on 4/18/2018 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $431,000 two-year notes on GS Momentum Builder
By Marisa Wong
Morgantown, W.Va., April 18 – GS Finance Corp. priced $431,000 of 0% notes due April 2, 2020 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.
If the index return is positive, the payout at maturity will be par plus 1.25 times the index gain. Otherwise, the payout will be par.
Goldman Sachs & Co. is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
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| Underlying index: | GS Momentum Builder Multi-Asset 5S ER index
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| Amount: | $431,000
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| Maturity: | April 2, 2020
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.25 times any index gain; otherwise, par
|
| Initial index level: | 105.51
|
| Pricing date: | March 28
|
| Settlement date: | April 2
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 0.965%
|
| Cusip: | 40055ARD1
|
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