Published on 7/12/2018 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $115,000 five-year notes on Motif National Defense
By Marisa Wong
Morgantown, W.Va., July 12 – GS Finance Corp. priced $115,000 of 0% notes due June 29, 2023 linked to the Motif Capital National Defense 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 1.5 times 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 National Defense 7 ER index
|
| Amount: | $115,000
|
| Maturity: | June 29, 2023
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.5 times any index gain; if the index falls, par
|
| Initial level: | 132.11
|
| Pricing date: | June 26
|
| Settlement date: | June 29
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 4.725%
|
| Cusip: | 40055QCV2
|
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