New Issue: Goldman Sachs prices $7.19 million digital notes linked to Hang Seng China Enterprises

By Toni Weeks

San Luis Obispo, Calif., June 6 – Goldman Sachs Group, Inc. priced $7.19 million of 0% digital notes due Sept. 16, 2015 linked to the Hang Seng China Enterprises index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 90% barrier level, the payout at maturity will be the maximum settlement amount of $1,100 for each $1,000 principal amount.

Otherwise, investors will lose 1.1111% for every 1% decline beyond 10%.

The initial index level of 10,355 is higher than the actual closing level of the index at pricing, which was 10,317.82.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Digital notes
Underlying index:	Hang Seng China Enterprises
Amount:	$7,188,000
Maturity:	Sept. 16, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above 90% of initial level, $1,100 per $1,000 note; otherwise, 1.1111% loss for every1% decline beyond 10%
Initial levels:	10,355
Barrier level:	90% of initial level
Pricing date:	June 4
Settlement date:	June 11
Underwriter:	Goldman Sachs & Co.
Fees:	0.93%
Cusip:	38148C114

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