New Issue: Goldman Sachs prices $4.45 million digital notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., May 24 - Goldman Sachs Group, Inc. priced $4.45 million of 0% digital notes due May 25, 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 the greater of (a) $1,551.50 and (b) par plus the index return. If the index return is negative, investors will be fully exposed to the decline.

The initial index level set for the notes, 2,828.25, is lower than the actual closing level of the index at pricing, which was 2,835.01.

Goldman Sachs & Co. is the agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Digital notes
Underlying index:	Euro Stoxx 50
Amount:	$4,452,000
Maturity:	May 25, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is zero or positive, greater of (a) $1,551.50 and (b) par plus index return; if index return is negative, full exposure to decline
Initial index level:	2,282.25
Pricing date:	May 22
Settlement date:	May 30
Agent:	Goldman Sachs & Co.
Fees:	2.95%
Cusip:	38147M329

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