New Issue: Goldman Sachs prices $6.12 million digital notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Oct. 3 - Goldman Sachs Group, Inc. priced $6.12 million of 0% digital notes due Jan. 7, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be $1,067.50 per $1,000 principal amount of notes if the index return is greater than or equal to negative 15%. Otherwise, investors will lose 1.1765% for every 1% that the index declines beyond 15%.

The initial index level set for the notes, 1,455.86, is higher than the actual closing level of the index on the pricing date, which was 1,444.49.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Digital notes
Underlying index:	S&P 500
Amount:	$6,119,000
Maturity:	Jan. 7, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	$1,067.50 per $1,000 principal amount of notes if index return is greater than or equal to negative 15%; otherwise, 1.1765% loss for every 1% that index declines beyond 15%
Initial index level:	1,455.86
Pricing date:	Oct. 1
Settlement date:	Oct. 9
Underwriter:	Goldman Sachs & Co.
Fees:	0.85%
Cusip:	38147H122

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