New Issue: GS Finance prices $2.84 million of leveraged buffered notes on Russell

By Wendy Van Sickle

Columbus, Ohio, May 11 – GS Finance Corp. priced $2.84 million of 0% leveraged buffered notes due July 13, 2017 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by the Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum settlement amount of $1,117 for every $1,000 of notes. Investors will receive par if the index declines by 15% or less and will lose 1% for every 1% that the index declines beyond 15%.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying index:	Russell 2000
Amount:	$2,837,000
Maturity:	July 13, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 1.5 times the index gain, capped at $1,117; par if index falls by up to 15%; 1% loss for every 1% decline in index beyond 15%
Initial index level:	1,114.720
Pricing date:	May 9
Settlement date:	May 16
Underwriter:	Goldman, Sachs & Co.
Fees:	0.2%
Cusip:	40054KCH7

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