New Issue: Goldman Sachs prices $3 million trigger notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Oct. 14 – Goldman Sachs Group, Inc. priced $3 million of 0% trigger notes due April 14, 2016 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index's closing level is greater than or equal to 79.25% of the initial level on every day during the life of the notes, the payout at maturity will be par plus the greater of the index return and zero. Otherwise, the payout will be par plus the index return, which could be positive or negative.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Trigger notes
Underlying index:	S&P 500
Amount:	$3 million
Maturity:	April 14, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index's closing level is greater than or equal to 79.25% of initial level on every day during life of notes, par plus greater of index return and zero; otherwise, par plus index return with exposure to losses, if any
Initial index level:	1,928.21
Pricing date:	Oct. 9
Settlement date:	Oct. 15
Underwriter:	Goldman Sachs & Co.
Agent:	J.P. Morgan Securities LLC
Fees:	1.35%
Cusip:	38147QKU9

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