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Published on 2/4/2011 in the Prospect News Structured Products Daily.

New Issue: Goldman sells $2.51 million more buffered notes on S&P 500, MSCI EAFE

By Susanna Moon

Chicago, Feb. 4 - Goldman Sachs Group, Inc. priced $2.51 million additional 0% buffered basket-linked notes due Aug. 21, 2014 based on the S&P 500 index with a 70% weight and the MSCI EAFE index with a 30% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The add-on priced at 101.85, bringing the total issue to $11.4 million. The issuer originally priced $8.89 million of the notes.

The payout at maturity will be par plus any increase in the basket. Investors will receive par if the basket declines by 25% or less and will lose 1.3333% for every 1% that it declines beyond 25%.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Buffered basket-linked notes
Amount:$11.4 million, up from $8,887,000
Maturity:Aug. 21, 2014
Coupon:0%
Price:Par for $8,887,000; 101.85 for $2,513,000
Payout at maturity:Par plus any basket gain; par if basket falls by 25% or less; 1.3333% loss for every 1% decline beyond 25%
Initial levels:1,289.6 for S&P 500 and 1,969.4 for MSCI EAFE
Pricing dates:Jan. 21 for $8,887,000; Feb. 2 for $2,513,000
Settlement dates:Jan. 28 for $8,887,000; Feb. 9 for $2,513,000
Underwriter:Goldman Sachs & Co.
Fees:0.25%
Cusip:38146M692

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