New Issue: GS Finance prices $10.43 million buffered contingent coupon notes linked to MSCI ACWI, S&P

By Wendy Van Sickle

Columbus, Ohio, Sept. 21 – GS Finance Corp. priced $10.43 million of buffered contingent coupon notes due Sept. 28, 2017 linked to the MSCI ACWI ex USA index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

Each quarter, the notes will pay a contingent coupon at an annual rate of 8.55% if each index’s closing level is greater than or equal to 90% of its initial level on the observation date for that quarter.

The payout at maturity will be par unless the return of either index is less than negative 10%, in which case investors will lose 1% for every 1% that the lesser-performing index declines beyond 10%.

Goldman, Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered contingent coupon notes
Underlying indexes:	MSCI ACWI ex USA and S&P 500
Amount:	$10,434,000
Maturity:	Sept. 28, 2017
Contingent coupon:	8.55% per year, payable quarterly if each index closes at or above barrier level on observation date for that quarter
Price:	Par
Payout at maturity:	Par unless final either index closes below 90% of initial level, in which case 1% loss for each 1% lower performing index falls beyond 10%
Initial levels:	247.62 for MSCI ACWI and 2,139.12 for S&P 500
Barrier levels:	90% of initial levels
Pricing date:	Sept. 19
Settlement date:	Sept. 22
Agent:	Goldman, Sachs & Co.
Fees:	0.475%
Cusip:	40054KKF2

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