New Issue: GS Finance prices $9.5 million trigger autocallable notes on S&P

By Sarah Lizee

Olympia, Wash., June 15 – GS Finance Corp. priced $9.5 million of 0% trigger autocallable notes due June 15, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

Beginning in December, the notes will be automatically called at par of $10 plus a call return of 11.2% a year if the index closes at or above its initial level on any quarterly call observation date.

The payout will be par plus 22.4% if the index finishes positive. The payout will be par if the index declines by up to 25%. Otherwise, investors will have full exposure to the decline.

Goldman Sachs & Co. is the underwriter with UBS Financial Services Inc. as selling agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Trigger autocallable notes
Underlying index:	S&P 500
Amount:	$9,494,160
Maturity:	June 15, 2022
Coupon:	0%
Price:	Par of $10
Call:	Beginning in December, at par plus 11.2% per year if index closes at or above initial level on any quarterly call observation date
Payout at maturity:	Par plus 22.4% if the index finishes positive; par if index declines by up to 25%; otherwise, full exposure to decline
Initial levels:	3,190.14
Downside threshold:	2,392.61, 75% of initial level
Pricing date:	June 10
Settlement date:	June 15
Agents:	Goldman Sachs & Co. and UBS Financial Services Inc.
Fees:	1.675%
Cusip:	36259J464

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