New Issue: GS Finance prices $984,000 notes linked to S&P 500 index

By Marisa Wong

Morgantown, W.Va., March 9 – GS Finance Corp. priced $984,000 of 0% notes due March 22, 2017 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.

If the index return is zero or positive, the payout at maturity will be par plus the index return, subject to a maximum upside settlement amount of $1,100 per $1,000 principal amount.

If the index falls by up to 17%, the payout will be par plus the absolute value of the index return.

If the index falls by more than 17%, the payout will be par plus the index return, will full exposure to losses.

Goldman Sachs & Co. is the underwriter with JPMorgan as placement agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying index:	S&P 500
Amount:	$984,000
Maturity:	March 22, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is zero or positive, the payout at maturity will be par plus the index return, return capped at 10%; if index falls by up to 17%, par plus the absolute value of the index return; if index falls by more than 17%, par plus the index return, will full exposure to losses
Initial index level:	1,999.99
Final level:	Average of index closing levels on the five trading days ending March 17, 2017
Pricing date:	March 4
Settlement date:	March 9
Underwriter:	Goldman Sachs & Co. with JPMorgan as placement agent
Fees:	1.1%
Cusip:	40054K4Y9

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