New Issue: Goldman Sachs prices $2.27 million leveraged notes linked to JPX-Nikkei

By Angela McDaniels

Tacoma, Wash., June 3 – Goldman Sachs Group, Inc. priced $2.27 million of 0% leveraged notes due June 15, 2016 linked to the JPX-Nikkei Index 400, 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 $1,151.50 per $1,000 principal amount of notes. If the index return is negative, investors will be fully exposed to the index’s decline.

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

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged notes
Underlying index:	JPX-Nikkei Index 400
Amount:	$2.27 million
Maturity:	June 15, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus three times index return, subject to maximum settlement amount of $1,151.50 per $1,000 principal amount of notes; if index return is negative, full exposure to index’s decline
Initial index level:	15,121.12
Final index level:	Average of index’s closing levels on five trading days ending June 10, 2016
Pricing date:	May 29
Settlement date:	June 3
Underwriter:	Goldman Sachs & Co.
Agent:	J.P. Morgan Securities LLC
Fees:	1.1%
Cusip:	38148T4A4

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