New Issue: Goldman Sachs prices $877,000 buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., May 30 - Goldman Sachs Group, Inc. priced $877,000 of 0% buffered notes due May 31, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return, subject to a maximum settlement amount of $1,400 per $1,000 principal amount of notes. Investors will receive par if the index falls by up to 30% and will be exposed to any losses beyond the 30% buffer.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered notes
Underlying index:	S&P 500
Amount:	$877,000
Maturity:	May 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus index return, subject to maximum payout of $1,400 per $1,000 of notes; par if index falls by up to 30%; 1% loss for every 1% that index declines beyond 30%
Initial index level:	1,909.78
Pricing date:	May 28
Settlement date:	May 30
Underwriter:	Goldman Sachs & Co.
Fees:	4.85%
Cusip:	38147Q4P8

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