New Issue: Goldman Sachs prices $10.25 million leveraged buffered notes linked to iShares MSCI EM

By Angela McDaniels

Tacoma, Wash., Oct. 2 – Goldman Sachs Group, Inc. priced $10.25 million of 0% leveraged buffered notes due Oct. 3, 2016 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par plus 1.25 times the ETF return, subject to a maximum settlement amount of $1,208.75 per $1,000 principal amount of notes. Investors will receive par if the shares fall by 20% or less and will lose 1.25% for each 1% that they decline beyond 20%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying ETF:	iShares MSCI Emerging Markets ETF
Amount:	$10,246,000
Maturity:	Oct. 3, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 125% of any fund gain, subject to 20.875% cap; par if shares fall by up to 20%; 1.25% loss for each 1% drop beyond 20%
Initial share price:	$41.56
Pricing date:	Sept. 30
Settlement date:	Oct. 7
Underwriter:	Goldman Sachs & Co.
Fees:	0.4%
Cusip:	38147QJZ0

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