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Published on 1/31/2012 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $3.45 million leveraged buffered notes tied to S&P 500

By Susanna Moon

Chicago, Jan. 31 - Goldman Sachs Group, Inc. priced $3.45 million of 0% leveraged buffered index-linked notes due Feb. 3, 2015 tied 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 1.16 times any index gain.

Investors will receive par if the index falls by 20% or less and will be exposed to any decline beyond 20%.

Goldman Sachs & Co. is the underwriter, and JPMorgan is the placement agent.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:S&P 500
Amount:$3,448,000
Maturity:Feb. 3, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus 116% of any index gain; par if index falls by up to 20%; exposure to losses beyond 20%
Initial index level:1,316.33
Pricing date:Jan. 27
Settlement date:Feb. 3
Underwriter:Goldman Sachs & Co.
Agent:JPMorgan
Fees:0.5%
Cusip:38143UL58

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