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Published on 5/17/2011 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $7.25 million leveraged buffered notes on MSCI EAFE

By Jennifer Chiou

New York, May 17 - Goldman Sachs Group, Inc. priced $7.25 million of 0% leveraged buffered index-linked notes due June 12, 2013 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 1.5 times the index return, subject to a maximum payment of $1,285 per $1,000 of notes.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% index decline beyond 15%.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:MSCI EAFE
Amount:$7,245,000
Maturity:June 12, 2013
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 1.5 times the index return, capped at maximum payment of $1,285 per $1,000 of notes; par if index falls by up to 15% and loss of 1.1765% for every 1% index decline beyond 15%
Initial index level:1,725.05, higher than 1,718.07, the actual closing level on trade date
Pricing date:May 13
Settlement date:May 20
Agent:Goldman Sachs & Co.
Fees:0.175%
Cusip:38146Q123

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