Published on 4/3/2017 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $192,000 notes due 2020 on GS Momentum Builder
By Marisa Wong
Morgantown, W.Va., April 3 – GS Finance Corp. priced $192,000 of 0% notes due Dec. 31, 2020 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 any index gain. If the index falls, the payout will be par.
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: | GS Momentum Builder Multi-Asset 5 ER index
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Amount: | $192,000
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Maturity: | Dec. 31, 2020
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain; par if index finishes flat or declines
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Initial index level: | 99.83
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Pricing date: | March 28
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Settlement date: | March 31
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Agent: | Goldman Sachs & Co.
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Fees: | 3.25%
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Cusip: | 40054KYD2
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