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Published on 11/19/2014 in the Prospect News Structured Products Daily.

Goldman Sachs plans to price one-year notes linked to JPX-Nikkei 400

By Toni Weeks

San Luis Obispo, Calif., Nov. 19 – Goldman Sachs Group, Inc. plans to price 0% notes due Dec. 9, 2015 linked to the JPX-Nikkei Index 400, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be (i) 98.7% times (ii) par plus the index return.

Investors will be exposed to any losses and will lose a portion of their investment if the index does not increase by at least an amount slightly in excess of 1.317%.

The final index level will be the average of the index levels on the five trading days ending Dec. 4, 2015.

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

The notes will price Nov. 21 and settle Nov. 26.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as placement agent.

The Cusip number is 38147QN85.


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