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Published on 7/24/2012 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $10.51 million leveraged buffered notes tied to S&P 500

By Susanna Moon

Chicago, July 24 - Goldman Sachs Group, Inc. priced $10.51 million of 0% leveraged buffered index-linked notes due Aug. 7, 2013 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 double any index gain, up to a maximum settlement amount of $1,128.40 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond the 10% buffer.

Goldman Sachs & Co. is the underwriter with JPMorgan as placement agent.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:S&P 500
Amount:$10,505,000
Maturity:Aug. 7, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any index gain, capped at 12.84%; par if index falls by up to 10%; 1.1111% loss for every 1% decline in the index beyond 10%
Initial index level:1,362.66
Pricing date:July 20
Settlement date:July 25
Underwriter:Goldman Sachs & Co. with JPMorgan as placement agent
Fees:1.1%
Cusip:38143U4X6

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