New Issue: Goldman prices $2.6 million one-year trigger notes linked to S&P 500

By Susanna Moon

Chicago, Jan. 13 – Goldman Sachs Group, Inc. priced $2.6 million of 0% leveraged trigger notes due Jan. 27, 2016 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index never dips below the 79% trigger level during the life of the notes and finishes at or above the trigger, the payout at maturity will be par plus the greater of zero and any index gain up to a maximum settlement amount of $1,150 for each $1,000 principal amount.

Otherwise, the payout will be par plus the index return, with full exposure to any losses.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Trigger notes
Underlying index:	S&P 500
Amount:	$2,595,000
Maturity:	Jan. 27, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index never dips below trigger level and finishes at or above trigger level, par plus any index gain capped at 15% and floor of par; otherwise, par plus return with full exposure to any losses
Initial index level:	2,044.81
Trigger level:	79% of initial level
Pricing date:	Jan. 9
Settlement date:	Jan. 14
Underwriter:	Goldman Sachs & Co.
Fees:	1.1%
Cusip:	38147QR99

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