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Published on 7/26/2011 in the Prospect News Structured Products Daily.

Goldman plans leveraged buffered commodity basket-linked notes

By Jennifer Chiou

New York, July 26 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered commodity basket-linked notes due 2014 tied to copper with a 34% weight and Brent crude, gasoline, soybeans and corn, each with a 16.5% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.25 any basket gain, capped at 12.5%.

Investors will receive par if the basket falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

Goldman Sachs & Co. is the agent for the notes (Cusip: 38143UWZ0).


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