New Issue: Goldman prices $3.23 million three-year protected notes on currencies

By Susanna Moon

Chicago, May 21 - Goldman Sachs Group, Inc. priced $3.23 million of 0% currency-linked notes due May 23, 2017 tied to a basket of four equally weighted currencies, each relative to the euro, according to a 424B2 filing with the Securities and Exchange Commission.

The basket components are the Indian rupee, Indonesian rupiah, Turkish lira and South African rand.

The payout at maturity will be 2.46 times any gain, up to a maximum payout of $3,460 per $1,000 principal amount.

If the basket falls, the payout will be par.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Currency-linked notes
Underlying currencies:	Indian rupee, Indonesian rupiah, Turkish lira and South African rand, equally weighted and relative to euro
Amount:	$3,323,000
Maturity:	May 23, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 246% of any gain, capped at 346% of par and floor of par
Initial exchange rates:	81.50683 for the rupee, 15,742.36 for the rupiah, 2.87116 for the lira and 14.18553 for the rand
Pricing date:	May 16
Settlement date:	May 23
Underwriter:	Goldman Sachs & Co.
Fees:	1.75%
Cusip:	38147Q6D3

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