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Published on 12/13/2011 in the Prospect News Structured Products Daily.

New Issue: Goldman sells $385,000 trigger notes with 25% cap tied to Deere stock

By Marisa Wong

Madison, Wis., Dec. 13 - Goldman Sachs Group, Inc. priced $385,000 of 0% equity-linked trigger notes due Dec. 24, 2012 linked to Deere & Co. shares, according to a 424B2 filing with the Securities and Exchange Commission.

A trigger event occurs if the final price of Deere stock is less than the initial share price by more than 20%.

If a trigger event occurs, the payout at maturity will be par plus the stock return with full exposure to losses.

If a trigger event does not occur, the payout will be par plus the greater of the stock return and a contingent minimum return of 13%. The return is capped at 25%.

Goldman Sachs & Co. is the underwriter with JPMorgan as placement agent.

Issuer:Goldman Sachs Group, Inc.
Issue:Equity-linked trigger notes
Underlying stock:Deere & Co. (NYSE: DE)
Amount:$385,000
Maturity:Dec. 24, 2012
Coupon:0%
Price:Par
Payout at maturity:If share price falls by more than 20%, par plus return, with exposure to losses; if final share price is at or above 80% of initial price, par plus greater of stock return and 13%, return capped at 25%
Initial price:$78.34
Pricing date:Dec. 9
Settlement date:Dec. 14
Agents:Goldman Sachs & Co. as underwriter with JPMorgan as placement agent.
Fees:1.1%
Cusip:38143UJ51

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