New Issue: Goldman prices $1 million index-linked notes on S&P 500, Russell 2000

By Jennifer Chiou

New York, Jan. 14 - Goldman Sachs Group, Inc. priced $1 million of index-linked notes due Jan. 17, 2018 tied to the S&P 500 and Russell 2000, according to a 424B2 filing with the Securities and Exchange Commission.

If both indexes close at or above 60% of their initial levels on any of the annual coupon observation dates, the notes will pay a coupon of 7% for that annual period.

At maturity, if the return of both indexes is at or above 60% of their initial levels, the payout will be par plus the final coupon. Otherwise, investors will share in the losses of the lesser performing index.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$1 million
Maturity:	Jan. 17, 2018
Coupon:	7% per year if both indexes close at or above 60% of their initial levels on the annual observation date
Price:	Par
Payout at maturity:	Par if the return of both indexes is at or above 60% of their initial levels; otherwise, investors share in the losses of lesser performing index
Initial index levels:	1,461.02 for S&P 500, 879.51 for Russell 2000
Pricing date:	Jan. 9
Settlement date:	Jan. 14
Underwriters:	Goldman, Sachs & Co.
Fees:	1.35%
Cusip:	38141GLY8

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