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Published on 1/31/2012 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $1.82 million buffered digital notes linked to S&P 500

By Susanna Moon

Chicago, Jan. 31 - Goldman Sachs Group, Inc. priced $1.82 million of 0% buffered index-linked digital notes due Jan. 30, 2014 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the initial level, the payout at maturity will be the threshold settlement amount of $1,162.50 per $1,000 principal amount.

Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond 20%.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Buffered index-linked digital notes
Underlying index:S&P 500 index
Amount:$1,823,000
Maturity:Jan. 30, 2014
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 16.25%; par if index falls by up to 20%; exposure to losses beyond 20%
Initial level:1,316.33
Pricing date:Jan. 27
Settlement date:Jan. 31
Underwriter:Goldman Sachs & Co.
Fees:2.65%
Cusip:38143UL82

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