New Issue: Goldman Sachs prices $2.5 million buffered notes linked to S&P 500 Equal Weight Energy

By Toni Weeks

San Luis Obispo, Calif., Jan. 14 – Goldman Sachs Group, Inc. priced $2.5 million of 0% buffered notes due Jan. 18, 2017 linked to the S&P 500 Equal Weight Energy index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus the index return if the index return is positive, subject to a maximum settlement amount of $1,680 per $1,000 principal amount of notes. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered notes
Underlying index:	S&P 500 Equal Weight Energy
Amount:	$2.5 million
Maturity:	Jan. 18, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus index return if index return is positive, subject to maximum settlement amount of $1,680 per $1,000 principal amount of notes; par if index declines by 10% or less; 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:	2,234.00
Pricing date:	Jan. 12
Settlement date:	Jan. 20
Underwriter:	Goldman Sachs & Co.
Fees:	1.65%
Cusip:	38148L155

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