New Issue: Goldman Sachs prices $11.9 million autocallable buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., March 25 - Goldman Sachs Group, Inc. priced $11.9 million of 0% autocallable buffered index-linked notes due March 24, 2016 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be automatically called if the index's closing level on a call observation date is greater than or equal to the initial index level. The payout will be 107% of par if the notes are called on the first observation date, April 21, 2014, and 114% of par if they are called on the second observation date, March 23, 2015.

If the notes are not called and the index return is zero or positive, the payout at maturity will be par plus 21%. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Autocallable buffered index-linked notes
Underlying index:	S&P 500
Amount:	$11,898,000
Maturity:	March 24, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is zero or positive, par plus 21%; par if index falls by up to 10%; 1.1111% loss for every 1% that index declines beyond 10%
Call:	Automatically if index closes at or above initial level on April 21, 2014 or March 23, 2015; payout is 107 if called on first date and 114 if called on second date
Initial index level:	1,545.8
Pricing date:	March 21
Settlement date:	March 28
Underwriter:	Goldman Sachs & Co.
Fees:	1.925%
Cusip:	38147K695

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