Published on 9/30/2016 in the Prospect News Structured Products Daily.
New Issue: GS Finance prices $200,000 notes linked to GS Momentum Builder
By Marisa Wong
Morgantown, W.Va., Sept. 30 – GS Finance Corp. priced $200,000 of 0% notes due Oct. 1, 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 are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus 1.3 times any index gain. If the index return is zero or negative, 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: | Index-linked notes
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Underlying index: | GS Momentum Builder Multi-Asset 5S ER index
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Amount: | $200,000
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Maturity: | Oct. 1, 2020
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.3 times any index gain; par if index declines or finishes flat
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Initial index level: | 99.86
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Pricing date: | Sept. 27
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Settlement date: | Sept. 30
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Agent: | Goldman, Sachs & Co.
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Fees: | 0.3%
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Cusip: | 40054KJY39
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