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Published on 2/28/2011 in the Prospect News Structured Products Daily.

Goldman plans six-year callable protected notes linked to S&P 500

By Susanna Moon

Chicago, Feb. 28 - Goldman Sachs Group, Inc. plans to price 0% callable index-linked notes due 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be callable at par plus a redemption amount of 10% in March 2012, par plus 20% in March 2013, par plus 30% in March 2014, par plus 40% in March 2015 and par plus 50% in March 2016.

The payout at maturity will be par plus any index gain. If the index falls, the payout will be par.

The Cusip is 38143URW3.

Goldman Sachs & Co. is the underwriter.


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