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GS Finance plans seven-year notes on GS Momentum Builder Multi-Asset
By Tali Rackner
Minneapolis, Feb. 16 – GS Finance Corp. plans to price 2% notes due Feb. 24, 2025 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
Interest is payable annually.
If the final index return is greater than 114% of its initial level, the payout at maturity will be par plus the index return minus 14%.
Otherwise, the payout will be par.
Goldman, Sachs & Co. is the agent.
The notes will price on Feb. 20 and settle on Feb. 23.
The Cusip number is 40055AM38.
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