E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/29/2016 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $14.57 million of notes tied to GS Momentum Builder

By Wendy Van Sickle

Columbus, Ohio, April 29 – GS Finance Corp. priced $14.57 million of index-linked notes due April 29, 2022 linked to the GS Momentum Builder Multi-Asset 5 ER index, according to a 424B2 filing with the Securities and Exchange Commission.

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 double the index return.

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

Goldman Sachs & Co. is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Index-linked notes
Underlying index:GS Momentum Builder Multi-Asset 5 ER index
Amount:$14,567,000
Maturity:April 29, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus double the index gain, otherwise par
Initial index level:109.09
Pricing date:April 26
Settlement date:April 29
Agent:Goldman, Sachs & Co.
Fees:4.375%
Cusip:40054K7H3

© 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.