By Sarah Lizee
Olympia, Wash., July 17 – GS Finance Corp. priced $2 million of index-linked notes due Jan. 12, 2021 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 notes will pay a quarterly interest payment at an annual rate of 1.2%.
If the index return is greater than 3%, the payout at maturity will be par plus the index return minus 3%.
If the index return is equal to or less than 3%, the payout will be par.
Goldman Sachs & Co. is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked notes
|
| Underlying index: | GS Momentum Builder Multi-Asset 5S ER
|
| Amount: | $2 million
|
| Maturity: | Jan. 12, 2021
|
| Coupon: | 1.2%
|
| Price: | Par
|
| Payout at maturity: | If the index return is greater than 3%, par plus the index return minus 3%; if the index return is equal to or less than 3%, par
|
| Initial index level: | 106.37
|
| Pricing date: | July 12
|
| Settlement date: | July 17
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 1.295%
|
| Cusip: | 40055QMS8
|
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