New Issue: Goldman Sachs prices $19.97 million leveraged buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., July 27 - Goldman Sachs Group, Inc. priced $19.97 million of 0% leveraged buffered index-linked notes due Aug. 16, 2011 linked to 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, subject to a maximum return of 18%. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

Goldman, Sachs & Co. is the underwriter with J.P. Morgan Securities Inc. as co-agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	S&P 500
Amount:	$19,967,000
Maturity:	Aug. 16, 2011
Coupon:	0%
Price:	Variable
Payout at maturity:	Par plus double any index gain, up to maximum return of 18%; par if index falls by 10% or less; 1.1111% loss for every 1% decline beyond 10%
Initial index level:	1,102.66
Final index level:	Average of index's closing levels on the five trading days ending Aug. 11, 2011
Pricing date:	July 23
Settlement date:	July 28
Underwriter:	Goldman, Sachs & Co. with J.P. Morgan Securities Inc. as co-agent
Fees:	1.1%
Cusip:	38143ULG4

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