New Issue: Goldman Sachs prices $1.74 million buffered S&P 500-linked notes

By Toni Weeks

San Luis Obispo, Calif., Dec. 31 - Goldman Sachs Group, Inc. priced $1.74 million of 0% buffered notes due Jan. 2, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return, subject to a maximum settlement of $1,400 per $1,000 principal amount of notes. Investors will receive par if the index falls by up to 30% and will be exposed to any losses beyond the 30% buffer level.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered index-linked notes
Underlying index:	S&P 500
Amount:	$1,738,000
Maturity:	Jan. 2, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus the index return, with maximum settlement of $1,400 per $1,000 of notes; par if index falls by up to 30%; exposure to any losses beyond 30% buffer
Initial index level:	1,841.4
Pricing date:	Dec. 27
Settlement date:	Dec. 31
Underwriters:	Goldman Sachs & Co.
Fees:	4.95%
Cusip:	38147QZ66

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