Goldman plans notes due 2020 tied to GS Momentum Builder Multi-Asset

By Tali Rackner

Minneapolis, Feb. 23 – GS Finance Corp. plans to price 0% notes due Dec. 3, 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 will be guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus the index return or 1.1 times the return. The exact upside participation rate will be set at pricing.

If the index falls, the payout will be par.

Goldman, Sachs & Co. is the agent.

The notes will price on Feb. 28 and settle on March 5.

The Cusip number is 40055AHQ3.

© 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.