New Issue: Goldman Sachs prices $7.65 million digital notes tied to Russell 2000

By Marisa Wong

Morgantown, W.Va., Jan. 19 – Goldman Sachs Group, Inc. priced $7.65 million of 0% digital notes due July 7, 2017 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 15%, the payout at maturity will be $1,116 per $1,000 principal amount of notes. Otherwise, investors will lose 1.1765% for every 1% index decline beyond 15%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Digital notes
Underlying index:	Russell 2000
Amount:	$7.65 million
Maturity:	July 7, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 15%, $1,116 per $1,000 principal amount of notes; otherwise, 1.1765% loss for every 1% decline beyond 15%
Initial index level:	1,020.14, set lower than index closing level on pricing date of 1,025.667
Pricing date:	Jan. 14
Settlement date:	Jan. 22
Underwriter:	Goldman Sachs & Co.
Fees:	0.93%
Cusip:	38148TKZ1

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