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Published on 1/24/2012 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $780,000 equity-linked trigger notes on Oracle

By Jennifer Chiou

New York, Jan. 24 - Goldman Sachs Group, Inc. priced $780,000 of 0% equity-linked trigger notes due Feb. 6, 2013 linked to the common stock of Oracle Corp., according to a 424B2 filing with the Securities and Exchange Commission.

A trigger event occurs if the stock closes below 80% of its initial price on the determination date, which is Feb. 1, 2013.

If a trigger event occurs, the payout at maturity will be par plus the stock return. If a trigger event does not occur, the payout will be par plus the greater of 8.5% and the stock return, subject to a maximum settlement amount of $1,200 per $1,000 principal amount of notes.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as distributor.

Issuer:Goldman Sachs Group, Inc.
Issue:Equity-linked trigger notes
Underlying stock:Oracle Corp. (Nasdaq: ORCL)
Amount:$780,000
Maturity:Feb. 6, 2013
Coupon:0%
Price:Variable
Payout at maturity:If stock closes below 80% of initial price on Feb. 1, 2013, par plus stock return; otherwise, par plus greater of stock return and 8.5%, subject to maximum payment of $1,200 per $1,000 principal amount
Initial share price:$28.70
Pricing date:Jan. 20
Settlement date:Jan. 25
Underwriter:Goldman Sachs & Co. with J.P. Morgan Securities LLC as distributor
Fees:1.1%
Cusip:38143UN56

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