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Published on 12/1/2014 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $650,000 leveraged trigger notes on FTSE 100

By Jennifer Chiou

New York, Dec. 1 – Goldman Sachs Group, Inc. priced $650,000 of 0% leveraged trigger notes due May 30, 2018 linked to the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to 75% of the initial level, the payout at maturity will be par plus the greater of zero and 1.61 times the index return.

Otherwise, investors will have exposure to any losses.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged trigger notes
Underlying index:FTSE 100
Amount:$650,000
Maturity:May 30, 2018
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above 75% of initial level, par plus greater of zero and 1.61 times the index return; otherwise, exposure to any losses
Initial index level:6,729.79
Pricing date:Nov. 24
Settlement date:Nov. 28
Underwriter:Goldman Sachs & Co.
Fees:3%
Cusip:38147QML7

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