By Toni Weeks
San Luis Obispo, Calif., June 16 – Goldman Sachs Group, Inc. priced $1.02 million of 0% notes due June 29, 2016 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) 0.997 times (ii) par plus the index return.
If the index does not increase by at least an amount slightly more than 0.3009%, investors will lose a portion of their investments.
Goldman Sachs & Co. is the underwriter. J.P. Morgan Securities LLC is acting as agent.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | JPX-Nikkei Index 400
|
| Amount: | $1.02 million
|
| Maturity: | June 29, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | (i) 99.7% of (ii) par plus index return
|
| Initial index level: | 14,903.36
|
| Final index level: | Average of index’s closing levels on five trading days ending June 24, 2016
|
| Pricing date: | June 12
|
| Settlement date: | June 17
|
| Underwriter: | Goldman Sachs & Co.
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 0.85%
|
| Cusip: | 38148T5D7
|
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