Published on 7/14/2019 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $365,000 notes on Motif Capital Aging of America 7
By Kiku Steinfeld
Chicago, July 15 – GS Finance Corp. priced $365,000 of 0% notes due Jan 3, 2023 linked to the Motif Capital Aging of America 7 ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus 1.35 times the index gain. If the index finishes flat or 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: | $365,000
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Maturity: | Jan 3, 2023
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus 1.35 times the index gain; if index finishes flat or falls, par
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Initial level: | 117.35
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Pricing date: | June 28
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Settlement date: | July 3
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Agent: | Goldman Sachs & Co.
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Fees: | 1.07%
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Cusip: | 40056FLC7
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