Published on 6/7/2017 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $768,000 notes due 2021 linked to GS Momentum Builder
By Marisa Wong
Morgantown, W.Va., June 7 – GS Finance Corp. priced $768,000 of 0% notes due March 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 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: | $768,000
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Maturity: | March 2, 2021
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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: | 101.79
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Pricing date: | May 25
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Settlement date: | May 31
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Agent: | Goldman Sachs & Co.
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Fees: | 3.25%
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Cusip: | 40054LBG8
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