New Issue: GS Finance prices $3.88 million leveraged notes linked to S&P 500

By Marisa Wong

Morgantown, W.Va., May 31 – GS Finance Corp. priced $3.88 million of 0% leveraged notes due June 28, 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 300% of the index return, subject to a maximum settlement amount of $1,156.60 for each $1,000 principal amount. Investors will be fully exposed to any index 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:	$3.88 million
Maturity:	June 28, 2017
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index return is positive, par plus 300% of index gain, payout capped at $1,156.60 per note; full exposure to any index decline
Initial level:	2,048.04
Pricing date:	May 23
Settlement date:	May 31
Agent:	Goldman, Sachs & Co.
Fees:	0.95%
Cusip:	40054KCX2

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