By Toni Weeks
San Luis Obispo, Calif., May 29 – Goldman Sachs Group, Inc. priced $1.14 million of 0% notes due May 30, 2025 linked to the GS Momentum Builder Multi-Asset 5 ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The index measures the extent to which the performance of the selected underlying assets (up to 14 exchange-traded funds and a money market position, which provide exposure to equities, fixed income, emerging markets, alternatives, commodities, inflation and cash equivalent asset classes) outperform the sum of Libor plus 50 basis points.
If the index return is positive, the payout at maturity will be par plus four times the index return. If the index return is zero or negative, the payout will be par.
Goldman Sachs & Co. is the agent.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | GS Momentum Builder Multi-Asset 5 ER index
|
| Amount: | $1.14 million
|
| Maturity: | May 30, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive, par plus four times index return; if index return is zero or negative, par
|
| Initial level: | 111.02
|
| Pricing date: | May 26
|
| Settlement date: | May 29
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 5.45%
|
| Cusip: | 38148T3L1
|
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