New Issue: GS Finance prices $712,000 four-year notes linked to S&P 500

By Marisa Wong

Morgantown, W.Va., Oct. 7 – GS Finance Corp. priced $712,000 of 0% notes due Oct. 1, 2020 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is zero or positive, the payout at maturity will be the greater of (a) the threshold settlement amount of $1,255 per $1,000 principal amount and (b) par plus the index return.

If the index declines by 30% or less, the payout will be par.

Otherwise, investors will lose 1% for every 1% that the index falls below the initial level.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying index:	S&P 500
Amount:	$712,000
Maturity:	Oct. 1, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is zero or positive, greater of (a) $1,255 per $1,000 principal amount and (b) par plus index return; if index declines by 30% or less, par; otherwise, 1% loss for every 1% decline below the initial level
Initial level:	2,159.93
Pricing date:	Sept. 27
Settlement date:	Sept. 30
Agent:	Goldman Sachs & Co.
Fees:	0.55%
Cusip:	40054KK21

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