New Issue: Goldman Sachs prices $1.74 million leveraged index-linked trigger notes on S&P 500

By Toni Weeks

San Luis Obispo, Calif., March 24 – Goldman Sachs Group, Inc. priced $1.74 million of 0% leveraged index-linked trigger notes due Dec. 26, 2018 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above 75% of initial level, the payout at maturity will be par plus the greater of 119% of the index return and zero.

If the index finishes below the 75% trigger level, the payout will be par plus the index return, with full exposure to losses.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked trigger notes
Underlying index:	S&P 500
Amount:	$1,737,000
Maturity:	Dec. 26, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above 75% of the initial index level, the payout at maturity will be par plus the greater of 119% of the index return and zero; otherwise par plus index return, with full exposure to losses
Initial index level:	2,108.1
Trigger level:	75% of initial level
Pricing date:	March 20
Settlement date:	March 25
Underwriter:	Goldman Sachs & Co.
Fees:	3%
Cusip:	38147QX84

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