By Jennifer Chiou
New York, Dec. 1 – Goldman Sachs Group, Inc. priced $1.7 million of 1% notes due Nov. 29, 2019 linked to the GS Momentum Builder Multi-Asset 5 ER index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will be payable annually.
If the index return is more than 5%, the payout at maturity will be par plus the return minus 5%.
Otherwise, the payout will be par.
Goldman Sachs & Co. is the underwriter.
Issuer: | Goldman Sachs Group, Inc.
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Issue: | Notes
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Underlying index: | GS Momentum Builder Multi-Asset 5 ER
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Amount: | $1.7 million
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Maturity: | Nov. 29, 2019
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Coupon: | 1%, payable annually
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Price: | Par
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Payout at maturity: | If index return is more than 5%, par plus the return minus 5%; otherwise, par
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Initial index level: | 110.78
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Pricing date: | Nov. 25
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Settlement date: | Nov. 28
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Underwriter: | Goldman Sachs & Co.
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Fees: | 3.05%
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Cusip: | 38147QNZ5
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