By Marisa Wong
Los Angeles, Sept. 1 – GS Finance Corp. priced $876,000 of index-linked notes due Nov. 30, 2027 linked to the performance of the Goldman Sachs Momentum Builder Focus 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 monthly fixed coupon of $0.70 per $1,000 principal amount.
If the index finishes above its initial level, the payout at maturity will be par plus 5 times the gain. Otherwise, investors will receive par.
Goldman Sachs & Co. LLC 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: | Goldman Sachs Momentum Builder Focus ER index
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Amount: | $876,000
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Maturity: | Nov. 30, 2027
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Coupon: | Monthly fixed coupon of $0.70 per $1,000 principal amount
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Price: | Par
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Payout at maturity: | Par plus 5 times any index gain; otherwise, par
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Initial level: | 101.79
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Pricing date: | Aug. 26
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Settlement date: | Aug. 31
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 3.625%
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Cusip: | 40057MWA3
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