GS changes maturity date of notes linked to GS Momentum Builder

By Devika Patel

Knoxville, Tenn., April 1 – GS Finance Corp. plans to price 0% notes due May 1, 2023 linked to the GS Momentum Builder Multi-Asset 5 ER index, according to a 424B2 filing with the Securities and Exchange Commission. The notes originally were announced with a maturity date of April 29, 2024.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par of $1,000 plus 225% to 250% of the index return. The exact participation rate will be set at pricing.

If the index return is zero or negative, the payout at maturity will be par.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40054K7D2) will price April 22 and settle April 29.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.