New Issue: Goldman prices $9.65 million leveraged notes linked to S&P 500 index

By Toni Weeks

San Luis Obispo, Calif., Jan. 7 - Goldman Sachs Group, Inc. priced $9.65 million of 0% leveraged index-linked notes due July 9, 2015 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum payout of $1,205.50 per $1,000 of notes.

Investors will be fully exposed to any decline in the index.

The initial index level of 1,831.17 is lower than the actual closing price of the index at pricing, which was 1,831.37.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked notes
Underlying index:	S&P 500
Amount:	$9,653,000
Maturity:	July 9, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 150% of the index return, subject to maximum payment of $1,205.50 per $1,000 of notes; full exposure to any losses
Initial index level:	1,831.17
Pricing date:	Jan. 3
Settlement date:	Jan. 10
Underwriter:	Goldman Sachs & Co.
Fees:	1.6%
Cusip:	38147V311

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