Goldman Sachs to price notes linked to four currencies versus euro

By Angela McDaniels

Tacoma, Wash., May 14 - Goldman Sachs Group, Inc. plans to price 0% currency-linked notes due May 23, 2017 linked to the performance of a basket of four currencies relative to the euro, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the Indian rupee, the Indonesian rupiah, the Turkish lira and the South African rand.

For each currency, the final exchange rate will be the average of the exchange rates of that currency on each of the five trading days ending May 18, 2017.

If the basket return is positive, the payout at maturity will be par plus 246% of the basket return, subject to a maximum payment of $3,460 per $1,000 principal amount of notes. If the basket return is zero or negative, the payout will be par.

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

The notes are expected to price May 16 and settle May 23.

The Cusip number is 38147Q6D3.

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