New Issue: Goldman Sachs upsizes leveraged notes linked to iShares MSCI EM to $9.86 million

By Angela McDaniels

Tacoma, Wash., June 16 - Goldman Sachs Group, Inc. priced an additional $1.4 million of 0% leveraged equity index fund-linked notes due Dec. 23, 2010 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes priced at 101.18% of par and bring the issue size to $9.86 million. The original $8.47 million of notes priced at par on June 9.

The payout at maturity will be par plus 1.5 times any increase in the exchange-traded fund's share price, subject to a maximum return of 42.75%. Investors will receive par if the share price declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged equity index fund-linked notes
Underlying ETF:	iShares MSCI Emerging Markets index fund
Amount:	$9,861,000, upsized from $8,465,000
Maturity:	Dec. 23, 2010
Coupon:	0%
Price:	Par for $8,456,000; 101.18 for $1,396,000
Payout at maturity:	Par plus 1.5 times any share price gain, up to maximum return of 42.75%; par if share price falls by 10% or less; 1.1111% loss for every 1% decline beyond 10%
Initial share price:	$33.113
Pricing date:	June 9 for $8,456,000; June 12 for $1,396,000
Settlement date:	June 23
Underwriter:	Goldman, Sachs & Co.
Fees:	0.15%

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