New Issue: GS Finance sells $4.61 million of leveraged notes linked to the S&P 500

By Devika Patel

Knoxville, Tenn., April 26 – GS Finance Corp. priced $4.61 million of 0% leveraged notes due June 7, 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 positive, the payout at maturity will be par plus three times the index return, subject to a maximum settlement amount of $1,153 per $1,000 of notes.

If the index return is negative, investors will be fully exposed to the decline.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked notes
Underlying index:	S&P 500
Amount:	$4,612,000
Maturity:	June 7, 2017
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index return is positive, par plus three times index gain, capped at $1,153 per $1,000 of notes; if return is negative, full exposure to the losses
Initial level:	2,091.58
Pricing date:	April 22
Settlement date:	April 29
Underwriter:	Goldman, Sachs & Co.
Fees:	0.95%
Cusip:	40054KB54

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