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Published on 4/29/2009 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $4.9 million leveraged buffered notes linked to S&P 500

By Jennifer Chiou

New York, April 29 - Goldman Sachs Group, Inc. priced $4.9 million of 0% leveraged buffered equity index-linked notes due May 11, 2011 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 150% of any index gain, up to a maximum settlement amount of $1,420 per $1,000 principal amount of notes.

Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.

Goldman, Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged buffered equity index-linked notes
Underlying index:S&P 500
Amount:$4.9 million
Maturity:May 11, 2011
Coupon:0%
Price:Par
Payout at maturity:Par plus 150% of any index gain, capped at $1,420 per note; par if index falls by up to 20%; lose 1.25% for each 1% decline beyond 20%
Initial index level:867.07
Pricing date:April 27
Settlement date:May 11
Underwriter:Goldman, Sachs & Co.
Fees:0.175%

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