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Published on 5/7/2015 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $325,000 leveraged notes linked to dollar vs. euro

By Susanna Moon

Chicago, May 7 – Goldman Sachs Group, Inc. priced $325,000 of 0% leveraged notes due May 20, 2016 linked to the performance of the dollar relative to the euro, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2.65 times any currency gain, up to a maximum settlement amount of $1,132.50 per $1,000 principal amount of notes.

Investors will be exposed to any losses.

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

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged notes
Underlying currency:Dollar against euro
Amount:$325,000
Maturity:May 20, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus 2.65 times any gain, capped at 13.25%; exposure to any losses
Initial exchange rate:1.12225
Pricing date:May 1
Settlement date:May 8
Underwriter:Goldman Sachs & Co.
Agent:J.P. Morgan Securities LLC
Fees:0.85%
Cusip:38147QZL3

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