New Issue: Goldman subsidiary prices $150 million leveraged buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Oct. 28 – GS Finance Corp. priced $150 million of 0% leveraged buffered notes due Oct. 5, 2016 linked to the S&P 500 index and guaranteed by Goldman Sachs Group, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 1.5 times the index return, subject to a maximum settlement amount of $1,132 per $1,000 principal amount of notes. Investors will receive par if the index declines by 5% or less and will lose 1% for every 1% that the index declines beyond 5%.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying index:	S&P 500
Amount:	$150 million
Maturity:	Oct. 5, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 1.5 times index return, up to 13.2% maximum return; par if index declines by 5% or less; 1% loss for every 1% that index declines beyond 5%
Initial index level:	2,070.16
Pricing date:	Oct. 26
Settlement date:	Oct. 29
Underwriter:	Goldman Sachs & Co.
Fees:	0.05%
Cusip:	36250E126

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