New Issue: Goldman Sachs prices $600,000 trigger notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., May 20 - Goldman Sachs Group, Inc. priced $600,000 of 0% trigger notes due June 3, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index's closing level is greater than or equal to 83.35% of the initial level on every day during the life of the notes and the final index level - which will be the average of index's closing levels on the five trading days ending May 29, 2015 - is greater than or equal to 83.35% of the initial level, the payout at maturity will be par plus the index return, subject to a minimum payout of par and a maximum settlement amount of $1,150 per $1,000 principal amount of notes.

If the index's closing level is less than 83.35% of the initial level on any day during the life of the notes or the final index level is less than 83.35% of the initial level, the payout at maturity will be par plus the index return. If that return is positive, the payout will be capped at $1,150. If that return is negative, investors will receive less than par.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Trigger notes
Underlying index:	S&P 500
Amount:	$600,000
Maturity:	June 3, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If index's closing level is greater than or equal to 83.35% of initial level on every day during life of notes and final index level is greater than or equal to 83.35% of initial level, par plus index return, subject to minimum payout of par and maximum return of 15%; if index's closing level is less than 83.35% of initial level on any day during life of notes or final index level is less than 83.35% of initial level, par plus index return, subject to 15% maximum return
Initial index level:	1,877.86
Final index level:	Average of index's closing levels on the five trading days ending May 29, 2015
Pricing date:	May 16
Settlement date:	May 21
Underwriter:	Goldman Sachs & Co.
Agent:	J.P. Morgan Securities LLC
Fees:	1.1%
Cusip:	38147Q6F8

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