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Published on 10/18/2010 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $5.1 million leveraged buffered notes on Russell 2000

By Jennifer Chiou

New York, Oct. 18 - Goldman Sachs Group, Inc. priced $5.1 million of 0% leveraged buffered index-linked notes due Oct. 21, 2013 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, capped at 70.8%. Investors will receive par if the index falls by up to 30% and will share fully in losses if the index declines beyond 30%.

Goldman, Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:Russell 2000
Amount:$5,095,000
Maturity:Oct. 21, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of any index gain, capped at 70.8%; par for losses up to 30%; full exposure to losses if the index declines beyond 30%
Initial index level:704.69
Pricing date:Oct. 14
Settlement date:Oct. 21
Underwriter:Goldman, Sachs & Co.
Fees:0.35%
Cusip:38143UNN7

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