Published on 8/8/2019 in the Prospect News Structured Products Daily.
New Issue: GS Finance prices $61,000 notes on Motif Capital National Defense 7
By Kiku Steinfeld
Chicago, Aug. 8 – GS Finance Corp. priced $61,000 of 0% index-linked notes due Feb. 3, 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 1.1 times any index gain. If the index falls, the payout will be par.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked notes
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| Underlying index: | Motif Capital National Defense 7 ER
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| Amount: | $61,000
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| Maturity: | Feb. 3, 2023
|
| Coupon: | 0%
|
| Price: | Par
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| Payout at maturity: | Par plus 1.1 times any index gain; otherwise, par
|
| Initial level: | 138.64
|
| Pricing date: | July 31
|
| Settlement date: | Aug. 5
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 1.17%
|
| Cusip: | 40056FSU0
|
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