E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/8/2017 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $3.49 million notes due 2022 tied to GS Momentum Builder

By Marisa Wong

Morgantown, W.Va., May 8 – GS Finance Corp. priced $3.49 million of 0% notes due Oct. 28, 2022 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 double any index gain. If the index falls, the payout will be par.

Goldman Sachs & Co. is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Notes
Underlying index:GS Momentum Builder Multi-Asset 5 ER index
Amount:$3,486,000
Maturity:Oct. 28, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus double any index gain; par if index finishes flat or declines
Initial index level:100.70
Pricing date:April 25
Settlement date:April 28
Agent:Goldman Sachs & Co.
Fees:4.15%
Cusip:40054L3R3

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.