New Issue: Goldman Sachs prices $670,000 leveraged notes linked to S&P GSCI Crude Oil

By Angela McDaniels

Tacoma, Wash., March 24 – Goldman Sachs Group, Inc. priced $670,000 of 0% leveraged notes due Sept. 27, 2016 linked to the S&P GSCI Crude Oil Index Excess Return, 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 $1,330 per $1,000 principal amount of notes. If the index return is negative, investors will be fully exposed to the decline.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged notes
Underlying index:	S&P GSCI Crude Oil Index Excess Return
Amount:	$670,000
Maturity:	Sept. 27, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus two times index return, subject to maximum settlement amount of $1,330 per $1,000 principal amount of notes; if index return is negative, full exposure to decline
Initial index level:	239.802
Pricing date:	March 20
Settlement date:	March 27
Underwriter:	Goldman Sachs & Co.
Fees:	1.95%
Cusip:	38147QWC6

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