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Published on 2/8/2011 in the Prospect News Structured Products Daily.

Goldman plans 18-month trigger notes on iShares MSCI Emerging Markets

By Susanna Moon

Chicago, Feb. 8 - Goldman Sachs Group, Inc. plans to price 0% underlier-linked trigger notes based on the performance of the iShares MSCI Emerging Markets index fund index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 18 months after issue.

A trigger event occurs if the index falls by more than 30% during the life of the notes.

If a trigger event does not occur, the payout will be par plus any index gain, up to a maximum settlement amount of $1,200 per $1,000 principal amount of notes. Investors will receive at least 13.35%.

If a trigger event occurs, the payout at maturity will be par plus the index return, with exposure to any losses. Any gains will be capped at 20%.

The exact deal terms for the notes (Cusip 38143URL7) will be set at pricing.

Goldman Sachs & Co. is the underwriter.


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