Published on 5/31/2018 in the Prospect News Structured Products Daily.
New Issue: Goldman prices $1.99 million six-year par protected notes on Stoxx 50
By Susanna Moon
Chicago, May 31 – GS Finance Corp. priced $1.99 million of 0% notes due May 29, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.9 times any index gain.
If the index falls, the payout will be par.
The notes are guaranteed by Goldman Sachs Group, Inc.
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: | Euro Stoxx 50
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| Amount: | $1,985,000
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| Maturity: | May 29, 2024
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 190% of any index gain, floor of par
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| Initial level: | 3,541.82
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| Pricing date: | May 23
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| Settlement date: | May 29
|
| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 4.385%
|
| Cusip: | 40055AZX8
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