New Issue: GS Finance sells $5.66 million leveraged notes tied to S&P Banks Select

By Marisa Wong

Morgantown, W.Va., Jan. 17 – GS Finance Corp. priced $5.66 million of 0% leveraged index-linked notes due July 17, 2018 tied to the S&P Banks Select Industry 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 triple the index gain, subject to a maximum payment of $1,273 per $1,000 principal amount. Investors will be fully exposed to any index decline.

Goldman, Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked notes
Underlying index:	S&P Banks Select Industry index
Amount:	$5.66 million
Maturity:	July 17, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to maximum payment of $1,273 per $1,000 principal amount; full exposure to losses
Initial index level:	954.40
Pricing date:	Jan. 12
Settlement date:	Jan. 20
Underwriter:	Goldman, Sachs & Co.
Fees:	1.35%
Cusip:	40054KUB0

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