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Published on 10/27/2009 in the Prospect News Structured Products Daily.

Goldman Sachs to price leveraged buffered notes linked to S&P 500

By Susanna Moon

Chicago, Oct. 27 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered equity index-linked notes due Nov. 17, 2010 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Goldman, Sachs & Co. and J.P. Morgan Securities Inc. are the agents.

The payout at maturity will be par plus double any gain in the index, up to the maximum settlement amount of $1,138.20 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% drop beyond 10%.

The notes will price Oct. 30 and settle Nov. 4.


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