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Published on 6/23/2017 in the Prospect News Structured Products Daily.

GS Finance to sell notes due 2023 linked to GS Momentum Builder index

By Devika Patel

Knoxville, Tenn., June 23 – GS Finance Corp. plans to price notes due June 26, 2023 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 notes will pay a monthly interest payment at an annual rate of 1.25%.

If the index return is greater than 107.5% of the initial level, the payout at maturity will be par of $1,000 plus 1.25% of the index return minus 7.5%.

Otherwise, the payout at maturity will be par.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40054LFP4) will price June 27 and settle June 30.


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