New Issue: Goldman prices $7.15 million leveraged buffered notes linked to indexes, ETFs

By Angela McDaniels

Tacoma, Wash., April 9 – Goldman Sachs Group, Inc. priced $7.15 million of 0% leveraged buffered notes due Oct. 11, 2016 linked to a basket of indexes and exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 60% weight, the iShares MSCI EAFE ETF with a 25% weight, the Russell 2000 index with a 10% weight and the iShares MSCI Emerging Markets ETF with a 5% weight.

If the basket return is positive, the payout at maturity will be par plus 1.5 times the basket return, subject to a maximum settlement amount of $1,120.15 per $1,000 principal amount of notes. Investors will receive par if the basket declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying basket:	S&P 500 index (60% weight), iShares MSCI EAFE ETF (25% weight), Russell 2000 index (10% weight) and iShares MSCI Emerging Markets ETF (5% weight)
Amount:	$7,146,000
Maturity:	Oct. 11, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.5 times basket return, up to 12.015% maximum return; par if basket declines by 10% or less; 1% loss for every 1% that basket declines beyond 10%
Initial levels:	2,076.33 for S&P 500, $65.76 for iShares MSCI EAFE, 1,253.358 for Russell 2000 and $41.56 for iShares MSCI Emerging Markets
Pricing date:	April 7
Settlement date:	April 10
Underwriter:	Goldman Sachs & Co.
Fees:	0.75%
Cusip:	38147QYY6

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