New Issue: Goldman Sachs prices $6.1 million leveraged notes linked to S&P 500

By Laura Lutz

Des Moines, April 2 - Goldman Sachs Group, Inc. priced $6.1 million of 0% leveraged notes due April 14, 2010 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is at least the initial level, the payout at maturity will be par plus 150% of any index gain, subject to a maximum payout equal to 135.85% of par.

If the index declines by up to 10%, the payout will be par. Investors will lose 1.1111% for each 1% that the index declines beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged notes
Underlying index:	S&P 500 index
Amount:	$6,101,000
Maturity:	April 14, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is at least initial level, par plus 150% of any index gain, capped at payout equal to 135.85% of par; par if index declines by up to 10%; investors lose 1.1111% for each 1% decline beyond 10%
Initial level:	1,319.9
Pricing date:	March 31
Settlement date:	April 14
Underwriter:	Goldman, Sachs & Co.
Fees:	0.175%

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