Published on 2/7/2019 in the Prospect News Structured Products Daily.
New Issue: Goldman prices $103,000 of eight-year leveraged protected notes on S&P
By Susanna Moon
Chicago, Feb. 7 – GS Finance Corp. priced $103,000 of leveraged notes due Feb. 2, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its initial level, the payout at maturity will be par plus 1.1 times the index gain.
If the index falls, the payout will be par.
The guarantor is Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent.
Issuer: | GS Finance Corp.
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Guarantor: | Goldman Sachs Group, Inc.
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Issue: | Leveraged notes
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Underlying index: | S&P 500
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Amount: | $103,000
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Maturity: | Feb. 2, 2027
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 120% of any index gain; par if index falls
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Initial level: | 2,643.85
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Pricing date: | Jan. 28
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Settlement date: | Jan. 31
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Agent: | Goldman, Sachs & Co. LLC
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Fees: | 4.4%
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Cusip: | 40056EPF9
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