New Issue: Goldman Sachs prices $568,000 callable notes linked to S&P 500

By Toni Weeks

San Diego, March 30 - Goldman Sachs Group, Inc. priced $568,000 of 0% callable index-linked notes due March 31, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are callable on five redemption dates at par plus a redemption amount. The redemption amount is 10% of the face amount of the notes on March 31, 2012, 20% on March 31, 2013, 30% on March 31, 2014, 40% on March 31, 2015 and 50% on March 31, 2016.

If the notes are not called, the payout at maturity will be par plus any index return. Investors will receive a minimum of par if the index declines.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Callable index-linked notes
Underlying index:	S&P 500 index
Amount:	$568,000
Maturity:	March 31, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any gain in index; minimum of par
Initial index level:	1,310.19
Call option:	At par plus 10% on March 31, 2012, par plus 20% on March 31, 2013, par plus 30% on March 31, 2014, par plus 40% on March 31, 2015, par plus 50% on March 31, 2016
Pricing date:	March 28
Settlement date:	March 31
Underwriter:	Goldman Sachs & Co.
Fees:	4.125%
Cusip:	38143URW3

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