New Issue: Goldman Sachs prices $1 million contingent coupon notes linked to GS Momentum Builder

By Angela McDaniels

Tacoma, Wash., July 21 – Goldman Sachs Group, Inc. priced $1 million of contingent coupon notes due July 21, 2022 linked to the GS Momentum Builder Multi-Asset 5 ER index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes pay an annual contingent annual coupon for the first six years of their seven-year term. If the index return is positive or zero, the coupon will be 3.15%. Otherwise, no coupon will be paid for that year.

If the index return is positive, the payout at maturity will be par plus the index return. If the index return is zero or negative, the payout will be par.

Goldman Sachs & Co. is the agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Contingent coupon notes
Underlying index:	GS Momentum Builder Multi-Asset 5 ER index
Amount:	$1 million
Maturity:	July 21, 2022
Coupon:	If index return is positive or zero, 3.15%; otherwise, zero; payable annually for first six years
Price:	Par
Payout at maturity:	If index return is positive, par plus index return; if index return is zero or negative, par
Initial index level:	110.3
Pricing date:	July 17
Settlement date:	July 22
Underwriter:	Goldman Sachs & Co.
Fees:	5.075%
Cusip:	38148TAG4

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