New Issue: Goldman prices $8.74 million trigger performance notes tied to S&P 500

By Marisa Wong

Madison, Wis., Feb. 27 - Goldman Sachs Group, Inc. priced $8.74 million of 0% trigger performance securities due Feb. 28, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above its initial level, the payout at maturity will be par of $10 plus 115% of the gain.

If the index finishes at or below its initial level but at or above the trigger level, 60% of the initial index level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

Goldman Sachs & Co. is the agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Trigger performance securities
Underlying index:	S&P 500
Amount:	$8,741,800
Maturity date:	Feb. 28, 2019
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 115% of return if index gains; par if index falls by up to trigger level; otherwise, full exposure to losses
Initial index level:	1,845.12
Trigger level:	1,107.07, 60% of initial level
Pricing date:	Feb. 25
Settlement date:	Feb. 28
Agent:	Goldman Sachs & Co.
Fees:	3.85%
Cusip:	38148A118

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