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Published on 6/18/2013 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $14.2 million leveraged notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., June 18 - Goldman Sachs Group, Inc. priced $14.2 million of 0% leveraged notes due Aug. 5, 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 three times any index gain, up to a maximum settlement amount of $1,271.50 per $1,000 principal amount of notes. Investors will be fully exposed to losses if the index declines.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged notes
Underlying index:S&P 500
Amount:$14.2 million
Maturity:Aug. 5, 2015
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, up to a maximum payment of $1,271.50 per $1,000 principal amount; full exposure to any losses
Initial index level:1,626.73
Pricing date:June 14
Settlement date:June 21
Underwriter:Goldman Sachs & Co.
Fees:1.925%
Cusip:38147M535

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