Goldman Sachs to price leveraged index-linked notes tied to Nikkei

By Tali Rackner

Norfolk, Va., June 23 – Goldman Sachs Group, Inc. plans to price 0% leveraged index-linked notes due July 13, 2016 based on the JPX-Nikkei Index 400, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a maximum settlement amount of $1,144 per $1,000 of notes.

Investors will be exposed to any losses.

The final index level will be calculated using its average value on July 4, 5, 6, 7 and 8 of 2016.

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

The notes are expected to price June 26 and settle July 1.

The Cusip number is 38148T6G9.

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