Published on 5/2/2018 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $57,000 seven-year notes on Motif National Defense
By Marisa Wong
Morgantown, W.Va., May 2 – GS Finance Corp. priced $57,000 of 0% notes due April 30, 2025 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 2.5 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: | $57,000
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Maturity: | April 30, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 2.5 times any index gain; if the index falls, par
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Initial level: | 135.94
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Pricing date: | April 25
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Settlement date: | April 30
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Agent: | Goldman Sachs & Co.
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Fees: | 4.93%
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Cusip: | 40055ATX5
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