New Issue: GS Finance sells $3.23 million index-linked notes on GS Momentum Builder index

By William Gullotti

Buffalo, N.Y., Jan. 13 – GS Finance Corp. priced $3.23 million of 0% index-linked notes due Sept. 25, 2025 linked to the performance of the GS 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.

If the return of the index is positive, the payout at maturity will be par plus 400% of the return of the index.

Otherwise, investors will receive par.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying index:	GS Momentum Builder Focus ER index
Amount:	$3,227,000
Maturity:	Sept. 25, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is positive, par plus 400% of the return; otherwise, par
Initial level:	100.91
Pricing date:	Dec. 22
Settlement date:	Dec. 28
Agent:	Goldman Sachs & Co. LLC
Fees:	3.08%
Cusip:	40057P5L2

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.