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Published on 11/22/2011 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $5.16 million index-linked trigger notes on S&P 500

By Susanna Moon

Chicago, Nov. 22 - Goldman Sachs Group, Inc. priced $5.16 million of 0% index-linked trigger notes due Dec. 5, 2012 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

A trigger event occurs if the index finishes below 80% of the initial level.

If a trigger event does not occur, the payout will be par plus the greater of the index return and 4.5%. Otherwise, the payout will be par plus the index return, with exposure to losses.

The maximum settlement amount is $1,200 per $1,000 principal amount.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as dealer.

Issuer:Goldman Sachs Group, Inc.
Issue:Index-linked trigger notes
Underlying index:S&P 500
Amount:$5,155,000
Maturity:Dec. 5, 2012
Coupon:0%
Price:Variable prices
Payout at maturity:If final index level is less than 80% of initial level, full exposure to decline; otherwise, par plus index return, subject to minimum return of 4.5% and maximum return of 20%
Initial index level:1,215.65
Pricing date:Nov. 18
Settlement date:Nov. 23
Underwriter:Goldman Sachs & Co., J.P. Morgan Securities LLC (dealer)
Fees:1.1%
Cusip:38143UG70

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