Published on 2/5/2018 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $632,000 seven-year notes on Motif Aging of America
By Marisa Wong
Morgantown, W.Va., Feb. 5 – GS Finance Corp. priced $632,000 of 0% notes due Jan. 30, 2025 linked to the Motif Capital Aging of America 7 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 double any index gain. If the index falls, the payout will be par.
Goldman Sachs & Co. is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
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| Underlying index: | Motif Capital Aging of America 7 ER index
|
| Amount: | $632,000
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| Maturity: | Jan. 30, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 2 times any index gain; if the index falls, par
|
| Initial level: | 117.02
|
| Pricing date: | Jan. 26
|
| Settlement date: | Jan. 31
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 4.425%
|
| Cusip: | 40055AC54
|
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