New Issue: Goldman prices $2.4 million notes with 80% trigger linked to S&P 500

By Susanna Moon

Chicago, Jan. 15 - Goldman Sachs Group, Inc. priced $2,401,000 of 0% buffered notes due Jan. 15, 2015 linked to the common stock of S&P 500 Index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par any index gain, up to the maximum settlement amount of $1,180 for each $1,000 principal amount.

Investors will receive par if the index falls by up to 20% and will lose 1.25% for each 1% decline beyond 20%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered notes
Underlying index:	S&P 500 index
Amount:	$2,401,000
Maturity:	Jan. 15, 2015
Coupon:	0%
Price:	Par of $100.00
Payout at maturity:	Par plus any index gain, capped at 18%; par if index falls 20% or less; 1.25% loss per 1% drop beyond 20%
Initial level:	1,468.10
Trigger level:	80% of initial price
Pricing date:	Jan. 11
Settlement date:	Jan. 18
Underwriter:	Goldman, Sachs & Co.
Fees:	1.45%
Cusip:	38147H841

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