New Issue: Goldman Sachs prices $26 million leveraged notes linked to MSCI EAFE

By Angela McDaniels

Tacoma, Wash., Feb. 4 - The Goldman Sachs Group, Inc. priced $26 million of 0% leveraged notes due June 1, 2009 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 3% for each 1% index gain, subject to a maximum return of 19.8%. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for each 1% decline beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	The Goldman Sachs Group, Inc.
Issue:	Leveraged notes
Underlying index:	MSCI EAFE
Amount:	$25,996,000
Maturity:	June 1, 2009
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple any index gain, capped at 19.8% maximum return; par if index falls by 10% or less; 1.1111% loss for each 1% decline beyond 10%
Initial index level:	2,024
Pricing date:	Jan. 31
Settlement date:	Feb. 14
Underwriter:	Goldman, Sachs & Co.
Fees:	0.1%

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