New Issue: Goldman prices $7.43 million digital notes due 2018 tied to S&P Banks

By Wendy Van Sickle

Columbus, Ohio, Sept. 13 – Goldman Sachs Group, Inc. priced $7.43 million of 0% digital notes due May 14, 2018 linked to the S&P Banks Select Industry index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes at or above the 90% threshold level, the payout at maturity will be the maximum settlement amount of $1,154 for each $1,000 principal amount.

Otherwise, investors will lose 1.1111% for every 1% decline beyond 10%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Digital notes
Underlying index:	S&P Banks Select Industry
Amount:	$7,425,000
Maturity:	May 14, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is at least negative 10%, $1,154 per $1,000 principal amount of notes; otherwise, 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:	737.81
Pricing date:	Sept. 9
Settlement date:	Sept. 16
Underwriter:	Goldman Sachs & Co.
Fees:	1.24%
Cusip:	40054KKC9

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