New Issue: Goldman Sachs sells $13.15 million leveraged buffered notes on S&P 500

By Susanna Moon

Chicago, May 28 - Goldman Sachs Group, Inc. priced $13.15 million of 0% leveraged buffered index-linked notes due Sept. 2, 2011 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 double any index gain, up to the maximum settlement amount of $1,231 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% decline beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	S&P 500
Amount:	$13.15 million
Maturity:	Sept. 2, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, capped at 23.1%; 1.1111% loss per 1% drop beyond 10%
Initial index level:	1,085.15
Pricing date:	May 26
Settlement date:	June 3
Underwriter:	Goldman, Sachs & Co.
Fees:	0.1%
Cusip:	38145W121

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