Published on 3/30/2016 in the Prospect News Structured Products Daily.
New Issue: GS Finance prices $645,000 of notes linked to GS Momentum Builder
By Devika Patel
Knoxville, Tenn., March 30 – GS Finance Corp. priced $645,000 of 0% notes due July 2, 2020 linked to the GS Momentum Builder Multi-Asset 5 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 the index gain. If the return is negative or flat, 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: | Index-linked notes
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Underlying index: | GS Momentum Builder Multi-Asset 5 ER index
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Amount: | $645,000
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Maturity: | July 2, 2020
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus the index gain, otherwise par
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Initial index level: | 108.34
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Pricing date: | March 28
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Settlement date: | March 31
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Agent: | Goldman Sachs & Co.
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Fees: | 3.85%
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Cusip: | 40054K4S2
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