New Issue: Goldman Sachs prices $15.68 million leveraged buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Oct. 13 - Goldman Sachs Group, Inc. priced $15.68 million of 0% leveraged buffered index-linked notes due April 18, 2013 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 payment of $1,273 per $1,000 principal amount of notes. Investors will receive par if the index falls by 15% or less and will lose 1.1765% for every 1% the index declines beyond 10%.

The initial index level set for the notes, 1,192.45, is lower than the actual closing level on the pricing date, which was 1,195.54.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	S&P 500
Amount:	$15,681,000
Maturity:	April 18, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any index gain, up to maximum return of 27.3%; par if index declines by 15% or less; 1.1765% loss for every 1% index declines beyond 15%
Initial index level:	1,192.45
Pricing date:	Oct. 11
Settlement date:	Oct. 18
Underwriter:	Goldman Sachs & Co.
Fees:	0.15%
Cusip:	38146R444

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