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Published on 10/22/2013 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $18.57 million leveraged buffered notes tied to S&P 500

By Marisa Wong

Madison, Wis., Oct. 22 - Goldman Sachs Group, Inc. priced $18.57 million of 0% leveraged buffered notes due Nov. 18, 2015 linked 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 1.5 times any gain in the index, up to a maximum payment of $1,180 for each $1,000 principal amount.

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

The initial index level was set lower than the closing level of the index on the pricing date, which was 1,744.50.

Goldman, Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:S&P 500
Amount:$18,572,000
Maturity:Nov. 18, 2015
Coupon:0%
Price:Par of $1,000
Payout at maturity:Par plus 1.5 times any index gain, up to a maximum payment of $1,180 per note; par if index falls by up to 10%; 1.1111% loss for each 1% decline beyond 10%
Initial level:1,739.21
Pricing date:Oct. 18
Settlement date:Oct. 25
Agent:Goldman, Sachs & Co.
Fees:1.675%
Cusip:38147T639

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