New Issue: Goldman Sachs prices $608,000 trigger notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., July 1 – Goldman Sachs Group, Inc. priced $608,000 of 0% trigger notes due Jan. 5, 2017 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 77.25% of the initial level on every day during the life of the notes and the final index level, which is the average of the index’s closing levels on the five trading days ending Dec. 30, 2016, is greater than or equal to 77.25% of the initial level, the payout at maturity will be par plus the index return, subject to a minimum payout of par. Otherwise, the payout will be par plus the index return, with exposure to losses, if any.

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

Issuer:	Goldman Sachs Group, Inc.
Issue:	Trigger notes
Underlying index:	S&P 500
Amount:	$608,000
Maturity:	Jan. 5, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index's closing level is greater than or equal to 77.25% of initial level on every day during life of notes and final index level is greater than or equal to 77.25% of initial level, par plus index return, subject to minimum payout of par; otherwise, par plus index return, with exposure to any losses
Initial index level:	2,101.49
Final index level:	Average of index’s closing levels on Dec. 23, 2016, Dec. 27, 2016, Dec. 28, 2016, Dec. 29, 2016 and Dec. 30, 2016
Pricing date:	June 26
Settlement date:	July 1
Underwriter:	Goldman Sachs & Co.
Agent:	J.P. Morgan Securities LLC
Fees:	1.4%
Cusip:	38148T6J3

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