New Issue: Goldman Sachs prices $1.98 million leveraged notes linked to JPX-Nikkei

By Toni Weeks

San Luis Obispo, Calif., Aug. 6 – Goldman Sachs Group, Inc. priced $1.98 million of 0% leveraged notes due Aug. 9, 2017 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 two times the index return, subject to a maximum settlement amount of $1,340 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:	$1.98 million
Maturity:	Aug. 9, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus two times index return, subject to maximum settlement amount of $1,340 per $1,000 principal amount of notes; if index return is negative, full exposure to index’s decline
Initial index level:	14,971.05
Pricing date:	Aug. 4
Settlement date:	Aug. 7
Underwriter:	Goldman Sachs & Co.
Agent:	J.P. Morgan Securities LLC
Fees:	1.675%
Cusip:	38148TBQ1

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