New Issue: Goldman prices $940,000 notes due 2017 linked to currencies vs. euro

By Jennifer Chiou

The basket components are the Indian rupee, Indonesian rupiah, Turkish lira and South African rand.

The payout at maturity will be 302% of any gain, up to a maximum payout of $4,020 per $1,000 principal amount.

If the basket falls, the payout will be par.

The final exchange rate will be the average of the exchange rates of the five trading dates ending June 22, 2017.

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

Issuer:	Goldman Sachs Group, Inc.
Issue:	Currency-linked notes
Underlying currencies:	Indian rupee, Indonesian rupiah, Turkish lira and South African rand, equally weighted and relative to euro
Amount:	$940,000
Maturity:	June 27, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 302% of any gain, capped at 402% of par and floor of par
Initial exchange rates:	81.83108 for the rupee, 16,245.80085 for the rupiah, 2.9149 for the lira and 14.54295 for the rand
Underwriter:	Goldman Sachs & Co.
Fees:	1.75%
Cusip:	38147QB96

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