New Issue: GS Finance prices $10 million buffered S&P 500-linked notes

By Wendy Van Sickle

Columbus, Ohio, Jan. 3 – GS Finance Corp. priced $10 million of 0% buffered notes due Jan. 10, 2019 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 the index return, subject to a maximum settlement of $1,250 per $1,000 principal amount of notes. Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% index decline beyond 15%.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered index-linked notes
Underlying index:	S&P 500
Amount:	$10 million
	Maturity:	Jan. 10, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus the index return, with maximum settlement of $1,250 per $1,000 of notes; par if index falls by up to 15%; 1.1765% loss for every 1% decline in index beyond 15%
Initial index level:	2,249.26
Pricing date:	Dec. 29
Settlement date:	Jan. 6
Underwriter:	Goldman Sachs & Co.
Fees:	1.495%
Cusip:	40054KT30

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