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Published on 2/26/2013 in the Prospect News Structured Products Daily.

Goldman Sachs plans one-year leveraged notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Feb. 26 - Goldman Sachs Group, Inc. plans to price 0% leveraged notes due March 19, 2014 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 double any index gain, subject to a maximum return of 15.8%. Investors will be exposed to any index decline.

The final index level will be the average of the index's closing levels on the five trading days ending March 14, 2014.

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

The notes are expected to price March 1 and settle March 6.

The Cusip number is 38141GPP3.


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