New Issue: GS Finance sells $1.46 million trigger notes linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., May 15 – GS Finance Corp. priced $1.46 million of 0% trigger notes due Aug. 1, 2018 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 final index level is greater than or equal to 85% of the initial index level, the payout at maturity will be par plus 9.25%. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial index level.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Trigger notes
Underlying index:	Russell 2000
Amount:	$1,458,000
Maturity:	Aug. 1, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If the final index level is greater than or equal to 85% of the initial index level, par plus 9.25%; otherwise, 1% loss for every 1% that the final index level is less than the initial index level
Initial index level:	1,400.428
Final level:	Average of index closing levels on five averaging dates ending July 27, 2018
Pricing date:	April 28
Settlement date:	May 3
Underwriter:	Goldman Sachs & Co.
Fees:	1.22%
Cusip:	40054LAL8

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