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Published on 5/27/2015 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $6.01 million return optimization notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., May 27 – Goldman Sachs Group, Inc. priced $6.01 million of 0% return optimization securities due June 30, 2016 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus three times the index return, subject to a maximum settlement amount of $11.51 per $10.00 principal amount of notes. If the index return is negative, investors will have one-to-one exposure to the index’s decline.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Return optimization securities
Underlying index:Russell 2000
Amount:$6,006,900
Maturity:June 30, 2016
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus three times index return, subject to maximum settlement amount of $11.51 per $10.00 principal amount of notes; if index return is negative, one-to-one exposure to index’s decline
Initial index level:1,238.756
Pricing date:May 26
Settlement date:May 29
Underwriter:Goldman Sachs & Co.
Fees:2.1%
Cusip:38148W268

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