New Issue: Goldman Sachs prices $57.48 million leveraged buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., July 24 - Goldman Sachs Group, Inc. priced $57.48 million of 0% leveraged buffered equity index-linked notes due Nov. 19, 2009 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any index gain, subject to a maximum payout of $1,165 for each $1,000 principal amount. Investors will receive par if the index declines by 15% or less and will lose 1.1765% for every 1% decline beyond 15%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered equity index-linked notes
Underlying index:	S&P 500
Amount:	$57,479,000
Maturity:	Nov. 19, 2009
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any index gain, capped at maximum return of 16.5%; par if index falls by 15% or less; 1.1765% loss for every 1% decline beyond 15%
Initial index level:	1,257.77
Pricing date:	July 22
Settlement date:	Aug. 5
Underwriter:	Goldman, Sachs & Co.
Fees:	0.1%

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