Published on 10/3/2019 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $433,000 notes on Motif Capital Aging of America 7
By Wendy Van Sickle
Columbus, Ohio, Oct. 3 – GS Finance Corp. priced $433,000 of 0% notes due Oct. 9, 2026 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 1.25 times any index gain. If the index finishes flat or falls, the payout will be par.
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: | Notes
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Underlying index: | Motif Capital Aging of America 7ER index
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Amount: | $433,000
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Maturity: | Oct. 9, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.25 times any index gain; otherwise, par
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Initial index level: | 116.52
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Pricing date: | Sept. 25
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Settlement date: | Sept. 30
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 4.85%
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Cusip: | 40056X6R2
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