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Published on 10/25/2011 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $5.5 million leveraged buffered notes linked to S&P 500

By Jennifer Chiou

New York, Oct. 25 - Goldman Sachs Group, Inc. priced $5.5 million of 0% leveraged buffered index-linked notes due April 29, 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 two times any index gain, subject to a maximum payment of $1,290 per $1,000 principal amount of notes. Investors will receive par if the index falls by 10% or less and will lose 1.1111% for every 1% the index declines 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:$5.5 million
Maturity:April 29, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus two times any index gain, up to maximum return of 29%; par if index declines by 10% or less; 1.1111% loss for every 1% index declines beyond 10%
Initial index level:1,238.25
Pricing date:Oct. 21
Settlement date:Oct. 28
Underwriter:Goldman Sachs & Co.
Fees:0.15%
Cusip:38146R501

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