New Issue: Goldman Sachs prices $3.5 million buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Dec. 20 - Goldman Sachs Group, Inc. priced $3.5 million of 0% buffered equity index-linked notes due Dec. 23, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 30%, the payout at maturity will be $1,176 per $1,000 principal amount of notes. Otherwise, investors will lose 1.4286% for every 1% that the index declines beyond 30%.

The initial index level set for the notes, 1,226.67, is higher than the actual closing level of the index on the pricing date, which was 1,219.66.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered equity index-linked notes
Underlying index:	S&P 500
Amount:	$3.5 million
Maturity:	Dec. 23, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 30%, $1,176 per $1,000 principal amount of notes; 1.4286% loss for every 1% that index declines beyond 30%
Initial index level:	1,226.67
Pricing date:	Dec. 16
Settlement date:	Dec. 23
Underwriter:	Goldman Sachs & Co.
Fees:	0.175%
Cusip:	38146R717

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