New Issue: Goldman Sachs sells $19.65 million leveraged buffered notes on S&P 500

By Susanna Moon

Chicago, March 29 - Goldman Sachs Group, Inc. priced $19.65 million of 0% leveraged buffered index-linked notes due April 9, 2012 based on the performance of the S&P 500 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, up to the maximum settlement amount of $1,240 per $1,000 principal amount of notes.

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

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	S&P 500
Amount:	$19.65 million
Maturity:	April 9, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, capped at 24%; 1.1111% loss for each 1% drop beyond 10%
Initial index level:	1,174.95
Pricing date:	March 25
Settlement date:	April 8
Underwriter:	Goldman, Sachs & Co.
Fees:	0.175%
Cusip:	38145W642

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