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Published on 4/3/2012 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $1.45 million leveraged buffered notes tied to S&P 500

By Susanna Moon

Chicago, April 3 - Goldman Sachs Group, Inc. priced $1.45 million of 0% leveraged buffered notes due April 6, 2015 linked to S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, up to a maximum payment of $1,480 per $1,000 note.

Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% loss beyond 20%.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged buffered notes
Underlying index:S&P 500 index
Amount:$1.45 million
Maturity:April 6, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% any index gain, capped at 48%; par if index falls up to 20%; 1.25% loss for every 1% drop beyond 20%
Initial level:1,408.47
Pricing date:March 30
Settlement date:April 9
Agent:Goldman Sachs & Co.
Fees:0.425%
Cusip:38143UU25

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