New Issue: GS Finance sells $1.05 million buffered digital notes tied to S&P 500

By Marisa Wong

Morgantown, W.Va., Nov. 6 – GS Finance Corp. priced $1.05 million of 0% buffered digital notes due May 2, 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 zero or positive, the payout at maturity will be par plus 5.1%. Investors will receive par if the index declines by 20% or less and will lose 1% for every 1% that it may decline beyond 20%.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered digital notes
Underlying index:	S&P 500
Amount:	$1,047,000
Maturity:	May 2, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is zero or positive, par plus 5.1%; par if index declines by 20% or less; 1% loss for every 1% that index may decline beyond 20%
Initial index level:	2,581.07
Pricing date:	Oct. 27
Settlement date:	Oct. 31
Underwriter:	Goldman Sachs & Co.
Fees:	1.4%
Cusip:	40054LYB4

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