New Issue: Goldman prices $6.04 million autocallable buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Dec. 9 – Goldman Sachs Group, Inc. priced $6.04 million of 0% autocallable buffered notes due Dec. 7, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at 106.9875% of par if the index closes at or above the initial index level on Jan. 4, 2017.

If the notes are not called and the index return is zero or positive, the payout at maturity will be 112.9% pf par. Investors will receive par if the index declines by 15% or less and will lose 1.1765% for every 1% that it declines beyond 15%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Autocallable buffered notes
Underlying index:	S&P 500
Amount:	$6.04 million
Maturity:	Dec. 7, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is zero or positive, $1,129 per note; par if index declines by 15% or less; 1.1765% loss for every 1% drop beyond 15%
Call:	Automatically at 106.9875% of par if index closes at or above initial index level on Jan. 4, 2017
Initial level:	2,091.69
Pricing date:	Dec. 4
Settlement date:	Dec. 11
Agent:	Goldman Sachs & Co.
Fees:	1.65%
Cusip:	38148TKB4

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