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Published on 12/4/2009 in the Prospect News Structured Products Daily.

Goldman Sachs to sell buffered basket notes linked to 29 companies

By Susanna Moon

Chicago, Dec. 4 - Goldman Sachs Group, Inc. plans to price 0% buffered basket-linked notes based on a basket of 29 equally weighted stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 24 and 27 months after issue.

The underlying companies are Archer Daniels Midland Co., Bunge Ltd., Campbell Soup Co., CF Industries Holdings, Inc., ConAgra Foods, Inc., Corn Products International Inc., Dean Foods Co., Del Monte Foods Co., Flowers Foods, Inc., General Mills Inc., Herbalife Ltd., Hershey Co., HJ Heinz Co., Hormel Foods Corp., Intrepid Potash, Inc., J.M. Smucker Co., Kellogg Co., Kraft Foods Inc., McCormick & Co. Inc., Monsanto Co., Mosaic Co., NBTY, Inc., Ralcorp Holdings Inc., Sara Lee Corp., Scotts Miracle-Gro Co., Smithfield Foods Inc., Sysco Corp., Terra Industries Inc. and Tyson Foods Inc.

The payout at maturity will be par plus any basket gain, up to a maximum settlement amount of between $1,280 and $1,330 per $1,000 principal amount. The exact cap will be set at pricing.

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

Goldman Sachs & Co. is the underwriter.


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