New Issue: GS prices $2.53 million leveraged buffered notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., April 22 – GS Finance Corp. priced $2.53 million of 0% leveraged buffered notes due May 25, 2017 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum settlement amount of $1,128.25 per $1,000 principal amount of notes. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying index:	Russell 2000
Amount:	$2,529,000
Maturity:	May 25, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 150% of index return, up to 12.825% maximum return; par if index declines by 10% or less; 1% loss for every 1% that index declines beyond 10%
Initial index level:	1,140.233 (closing level on April 19)
Pricing date:	April 20
Settlement date:	April 27
Underwriter:	Goldman Sachs & Co.
Fees:	0.2%
Cusip:	40054KAZ9

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