GS Finance to price leveraged notes linked to stocks in MSCI Spain

New York, July 17 – GS Finance Corp. plans to price 0% leveraged basket-linked notes due in 13 to 15 months tied to the 24 ordinary shares of the Spanish companies included in the MSCI Spain 25/50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The basket is made up of Abertis Infraestructuras SA, ACS Actividades de Construccion y Servicios SA, Aena SA, Amadeus IT Group SA, Banco Bilbao Vizcaya Argentaria SA, Banco de Sabadell SA, Banco Santander SA, Bankia SA, Bankinter, SA, Caixabank SA, Distribuidora Internacional de Alimentacion SA, Enagas SA, Endesa SA, Ferrovial SA, Gas Natural SDG SA, Grifols SA, Iberdrola SA, Industria de Diseno Textil, SA, International Consolidated Airlines Group SA, Mapfre SA, Red Electrica Corporacion SA, Repsol SA, Siemens Gamesa Renewable Energy SA and Telefonica SA.

The weightings for the stocks were determined from the weightings in the index, but the weight of each stock was capped at 5% and any excess weight redistributed to the non-capped stocks.

If the basket return is positive, the payout at maturity will be par plus 200% of the basket return, subject to a maximum payment of $1,309.40 to $1,363.80 per $1,000 principal amount.

Any decline in the basket will cause a proportionate loss in the payout.

Goldman, Sachs & Co. is the underwriter.

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