Published on 2/1/2017 in the Prospect News Structured Products Daily.
New Issue: Goldman sells $749,000 of protected notes linked to GS Momentum Builder
By Susanna Moon
Chicago, Feb. 1 – GS Finance Corp. priced $749,000 of 0% notes due Oct. 29, 2020 linked to the GS Momentum Builder Multi-Asset 5S 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 any index gain.
If the index falls, 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: | Notes
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| Underlying index: | GS Momentum Builder Multi-Asset 5 ER index
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| Amount: | $749,000
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| Maturity: | Oct. 29, 2020
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus any index return, floor of par
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| Initial level: | 99.34
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| Pricing date: | Jan. 26
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| Settlement date: | Jan. 31
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| Agent: | Goldman, Sachs & Co.
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| Fees: | 3.85%
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| Cusip: | 40054KT71
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