New Issue: Goldman Sachs prices $1.27 million notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., July 1 – Goldman Sachs Group, Inc. priced $1.27 million of 0% notes due Jan. 5, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be par plus the index return, subject to a maximum settlement amount of $1,161 per $1,000 principal amount of notes. If the index return is negative and the final index level is at least 83.9% of the initial level, the payout will be par plus the absolute value of the index return. If the final index level is less than 83.9% of the initial index level, investors will be fully exposed to the decline from the initial level.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Notes
Underlying index:	Euro Stoxx 50
Amount:	$1.27 million
Maturity:	Jan. 5, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus index return, subject to 16.1% maximum return; if index return is negative and final index level is at least 83.9% of initial level, par plus absolute value of index return; if final index level is less than 83.9% of initial index level, full exposure to decline from initial level
Initial index level:	3,621.37
Final index level:	Average of index’s closing levels on Dec. 23, 2016, Dec. 27, 2016, Dec. 28, 2016, Dec. 29, 2016 and Dec. 30, 2016
Pricing date:	June 26
Settlement date:	July 1
Underwriter:	Goldman Sachs & Co.
Fees:	1.4%
Cusip:	38148T6H7

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