Published on 4/5/2019 in the Prospect News Structured Products Daily.
New Issue: GS Finance sells $500,000 notes on Motif Capital Artificial Intelligence
By Wendy Van Sickle
Columbus, Ohio, April 5 – GS Finance Corp. priced $500,000 of 0% notes due Feb. 2, 2023 linked to the Motif Capital Artificial Intelligence 8 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: | Motif Capital Artificial Intelligence 8 ER index
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Amount: | $500,000
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Maturity: | Feb. 2, 2023
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain; otherwise, par
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Initial level: | 123.94
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Pricing date: | March 29
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Settlement date: | April 3
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Agent: | Goldman Sachs & Co.
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Fees: | 3.75%
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Cusip: | 40056F4H5
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