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Published on 9/19/2018 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $2.55 million notes due 2023 tied to Momentum Builder

By Marisa Wong

Morgantown, W.Va., Sept. 19 – Goldman Sachs Group, Inc. priced $2.55 million of 0% notes due Sept. 6, 2023 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.

The payout at maturity will be par plus the index return, subject to a floor of par plus 14.7%.

Goldman Sachs & Co. is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Notes
Underlying index:GS Momentum Builder Multi-Asset 5S ER index
Amount:$2.55 million
Maturity:Sept. 6, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus index return, subject to floor of par plus 14.7%
Initial index level:106.61
Pricing date:Aug. 29
Settlement date:Sept. 4
Agent:Goldman Sachs & Co.
Fees:1.35%
Cusip:40055QVB5

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