Published on 3/2/2018 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $148,000 notes on Motif Capital Aging of America
By Wendy Van Sickle
Columbus, Ohio, March 2 – GS Finance Corp. priced $148,000 of 0% notes due Feb. 27, 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 215% of 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: | Motif Capital Aging of America 7 ER index
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Amount: | $148,000
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Maturity: | Feb. 27, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 215% of any index gain; otherwise, par
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Initial level: | 111.79
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Pricing date: | Feb. 23
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Settlement date: | Feb. 28
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Agent: | Goldman Sachs & Co.
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Fees: | 4.705%
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Cusip: | 40055AHF7
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