New Issue: Goldman Sachs prices $2.66 million notes linked to dollar versus euro

By Angela McDaniels

Tacoma, Wash., Oct. 15 – Goldman Sachs Group, Inc. priced $2.66 million of 0% leveraged notes due Oct. 20, 2017 linked to the performance of the U.S. dollar relative to the euro, according to a 424B2 filing with the Securities and Exchange Commission.

The currency return will be positive if the dollar appreciates relative to the euro.

If the currency return is positive or zero, the payout at maturity will be par plus 4.14 times the currency return, subject to a maximum settlement amount of $1,414 per $1,000 principal amount of notes. If the currency return is negative, investors will have one-to-one exposure to the decline.

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

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged notes
Underlying currency:	Dollar, measured relative to euro
Amount:	$2,664,000
Maturity:	Oct. 20, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If currency return is positive or zero, par plus 4.14 times currency return, subject to maximum settlement amount of $1,414 per $1,000 principal amount of notes; if currency return is negative, one-to-one exposure to decline
Initial exchange rate:	1.2626 dollars per euro
Final exchange rate:	Average of exchange rates on the five trading days ending Oct. 17, 2017
Pricing date:	Oct. 10
Settlement date:	Oct. 20
Underwriter:	Goldman Sachs & Co.
Agent:	J.P. Morgan Securities LLC
Fees:	1.75%
Cusip:	38147QZX7

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