New Issue: Goldman Sachs prices $15 million capped notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., July 21 - Goldman Sachs Group, Inc. priced $15 million of 0% capped equity index-linked notes due July 31, 2012 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, subject to a maximum return of 57%. Investors will receive par if the index declines by 20% or less and will receive par if the index declines by more than 20%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Capped equity index-linked notes
Underlying index:	S&P 500
Amount:	$15 million
Maturity:	July 31, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, up to maximum return of 57%; par if index declines by 20% or less; par if index declines by more than 20%
Initial index level:	939.10
Pricing date:	July 17
Settlement date:	July 31
Underwriter:	Goldman, Sachs & Co.
Fees:	0.25%

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