Published on 1/31/2019 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $410,000 notes due 2021 tied to Momentum Builder
By Sarah Lizee
Olympia, Wash., Jan. 31 – GS Finance Corp. priced $410,000 of 0% notes due Nov. 2, 2021 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 1.55 times any index gain. If the index finishes flat or falls, the payout will be par.
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: | $410,000
|
| Maturity: | Nov. 2, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.55 times any index gain; par if index finishes flat or falls
|
| Initial index level: | 100.60
|
| Pricing date: | Jan. 28
|
| Settlement date: | Jan. 31
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 2.975%
|
| Cusip: | 40056EQK7
|
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