New Issue: Goldman prices $3.28 million leveraged notes linked to dollar vs. euro

By Susanna Moon

Chicago, Oct. 8 – Goldman Sachs Group, Inc. priced $3.28 million of 0% leveraged currency-linked notes due Oct. 10, 2017 linked to the dollar relative to the euro, according to a 424B2 filing with the Securities and Exchange Commission.

If the currency finishes at or above the initial level, the payout at maturity will be 4.11 times the gain, up to a maximum of $1,411 per $1,000 principal amount.

Otherwise, investors will be fully exposed to any losses.

Goldman Sachs & Co. is the underwriter with JPMorgan as the placement agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged currency-linked notes
Underlying currency:	Dollar relative to euro
Amount:	$3.28 million
Maturity:	Oct. 10, 2017
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If currency gains, par plus any gain up to cap of 41.1%; otherwise, full exposure to any losses
Initial exchange rate:	1.25115
Pricing date:	Oct. 3
Settlement date:	Oct. 10
Underwriters:	Goldman Sachs & Co.
Fees:	1.75%
Cusip:	38147QJD9

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