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Published on 9/13/2011 in the Prospect News Structured Products Daily.

New Issue: Goldman prices another $494,000 leveraged buffered notes on S&P 500

By Jennifer Chiou

New York, Sept. 13 - Goldman Sachs Group, Inc. priced an additional $494,000 of 0% leveraged buffered index-linked notes due Aug. 17, 2016 tied to the S&P 500 index, adding to the original $8.71 million, according to a 424B2 filing with the Securities and Exchange Commission.

The reopened notes priced at 102.85, while the original notes priced at par.

The payout at maturity will be par plus 1.62 times any index gain.

Investors will receive par if the index falls by up to 25% and will lose 1.3333% for each 1% decline beyond 25%.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:S&P 500
Amount:$9.2 million (up from original $8,706,000)
Maturity:Aug. 17, 2016
Coupon:0%
Price:Par for original $8,706,000; 102.85 for reopened notes
Payout at maturity:Par plus 162% of any index gain; 1.3333% loss for each 1% drop beyond 25%
Initial index level:1,120.76
Pricing date:Aug. 10 for original $8,706,000; Sept. 9 for reopened notes
Settlement date:Aug. 17 for original $8,706,000; Sept. 16 for reopened notes
Underwriter:Goldman Sachs & Co.
Fees:0.6% for original $8,706,000; 0.45% for reopened notes
Cusip:38143UXS5

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