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Published on 5/7/2013 in the Prospect News Structured Products Daily.

Goldman Sachs to price leveraged notes tied to Russell 2000 index

By Jennifer Chiou

New York, May 7 - Goldman Sachs Group, Inc. plans to price 0% leveraged index-linked notes tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature 18 to 21 months after issue.

If the index return is positive, the payout at maturity will be par plus 1.5 times the gain, subject to a maximum settlement amount of $1,255 to $1,300 per $1,000 principal amount.

Investors will share in any losses.

Goldman Sachs & Co. is the underwriter.


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