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Published on 8/27/2013 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $412,000 leveraged notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Aug. 27 - Goldman Sachs Group, Inc. priced $412,000 of 0% leveraged notes due Sept. 10, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus double the index return, subject to a maximum payment of $1,158 per $1,000 principal amount of notes. If the index return is negative, investors will be exposed to the decline.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged notes
Underlying index:S&P 500
Amount:$412,000
Maturity:Sept. 10, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any index gain, capped at 15.8%; exposure to any losses
Initial index level:1,663.5
Final index level:Average of index's closing levels on Aug. 29, 2014, Sept. 2, 2014, Sept. 3, 2014, Sept. 4, 2014 and Sept. 5, 2014
Pricing date:Aug. 23
Settlement date:Aug. 28
Underwriter:Goldman Sachs & Co.
Fees:1.1%
Cusip:38147QPW0

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