New Issue: Goldman sells $2.93 million callable contingent coupon notes on indexes

By Marisa Wong

Madison, Wis., April 30 – Goldman Sachs Group, Inc. priced $2.93 million of callable contingent coupon notes due May 3, 2018 linked to the S&P 500 index, Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each underlying index closes at or above the 60% barrier level on a quarterly review date, the notes will pay a contingent coupon of 1.875% for that quarter.

If each index finishes at or above 60% of its initial level, the payout at maturity will be par plus the contingent coupon.

Otherwise, investors will be fully exposed to any losses of the worst-performing index.

The notes may be called on any coupon payment date.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Callable contingent coupon notes
Underlying indexes:	S&P 500, Russell 2000, Euro Stoxx 50
Amount:	$2,928,000
Maturity:	May 3, 2018
Contingent coupon:	7.5%, payable quarterly if each component closes at or above coupon barrier for that period
Price:	Par
Payout at maturity:	Par plus contingent coupon unless any index finishes below 60% of initial level, in which case full exposure to losses of worst performing component
Call option:	At par plus contingent coupon on any interest payment date
Initial index levels:	2,108.92 for S&P 500, 1,252.700 for Russell 2000 and 3,771.45 for Euro Stoxx
Barrier levels:	60% of initial levels
Pricing date:	April 27
Settlement date:	April 30
Underwriter:	Goldman Sachs & Co.
Fees:	2%
Cusip:	38147QYP5

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