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GS Finance to price leveraged notes linked to GS Momentum Builder
By Angela McDaniels
Tacoma, Wash., March 8 – GS Finance Corp. plans to price 0% notes due April 2, 2020 linked to the GS Momentum Builder Multi-Asset 5 ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus 145% to 155% of the index return. The exact participation rate will be set at pricing. If the index return is negative or zero, the payout will be par.
Goldman Sachs & Co. is the agent.
The notes will price March 29.
The Cusip number is 40054K5W2.
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