Obbligazione Goldman & Sachs 0% ( US38141EB818 ) in USD

Goldman & Sachs

99.93 USD ▼

Stati Uniti

US38141EB818 ( in USD )

29/11/2023 - Obbligazione è scaduto

Prospetto opuscolo dell'obbligazione Goldman Sachs US38141EB818 in USD 0%, scaduta

1 000 USD

1 800 000 000 USD

38141EB81

Goldman Sachs è una banca d'investimento multinazionale americana che offre servizi di investimento bancario, gestione patrimoniale e trading a clienti istituzionali e privati.

The Obbligazione issued by Goldman & Sachs ( United States ) , in USD, with the ISIN code US38141EB818, pays a coupon of 0% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 29/11/2023

Pricing Supplement No. 2544 dated November 25, 2013
http://www.sec.gov/Archives/edgar/data/886982/000119312513456713/...
424B2 1 d636801d424b2.htm PRICING SUPPLEMENT NO. 2544 DATED NOVEMBER 25, 2013
Table of Contents
Filed Pursuant to Rule 424(b)(2)
Registration Statement No. 333-176914
Pricing Supplement to the Prospectus dated September 19, 2011 and the
Prospectus Supplement dated September 19, 2011 -- No. 2544
$1,000,000,000
Floating Rate Notes due 2023
Medium-Term Notes, Series D

The notes being purchased have the following terms:

Issuer: The Goldman Sachs Group, Inc.
If interest rate is floating: yes

Principal amount: $1,000,000,000
· interest rate: a rate per annum equal to the base rate plus the

Stated maturity: November 29, 2023
spread

· base rate: 3-month U.S. dol ar LIBOR
Specified currency: U.S. dollars
· Reuters screen LIBOR page: LIBOR01

Trade date: November 25, 2013
· index maturity: 3 months

· index currency: U.S. dollar
Original issue date: November 29, 2013 (T+3)
· interest reset period: quarterly

Original issue price: 100.00% ($1,000,000,000 plus accrued and
· spread: 1.60% per annum
unpaid interest, if any, from November 29, 2013)
· spread multiplier: not applicable

Underwriting discount: 0.45%
· initial base rate: 3-month U.S. dollar LIBOR as determined on
November 27, 2013

Net price/proceeds to The Goldman Sachs Group, Inc.:
· maximum rate: no
99.55% ($995,500,000) (before expenses)
· minimum rate: no

CUSIP no.: 38141EB81
· denominations: $2,000 and integral multiples of $1,000

thereafter
ISIN: US38141EB818
· interest payment dates: February 28, May 29, August 29 and

Common Code: 099951737
November 29 of each year, commencing on February 28,

2014 (in each case, subject to the business day
Original issue discount notes: no
convention, except at maturity)

Form of notes:
· interest reset dates: February 28, May 29, August 29 and

· master global book-entry form only: yes
November 29 of each year, commencing on February 28,
· non-global form available: no
2014 (in each case, subject to the business day

convention, except at maturity)
Redemption before stated maturity: optional, but only if we
· interest determination date: two London business days prior
become obligated to pay additional amounts because of changes in
to each interest reset date
U.S. withholding tax requirements -- see page PS-2
· regular record dates: for interest due on an interest payment

Repayment at option of holder: none
date, the day immediately prior to the day on which

payment is to be made (as such payment date may be
If interest rate is fixed: not applicable
adjusted under the applicable business day convention
specified below)
· day count convention: Actual/360 (ISDA)
· business days: London and New York
· business day convention: modified fol owing (applicable to
interest reset dates and interest payment dates)
· calculation agent: The Bank of New York Mellon

Defeasance applies as follows: not applicable

· full defeasance -- i.e., our right to be relieved of all our
obligations on the note by placing funds in trust for the
investor: no
· covenant defeasance -- i.e., our right to be relieved of
specified provisions of the note by placing funds in trust for
the investor: no

Listing: none

The information above, if any, about the original issue date, trade date, original issue price, net proceeds and original
issue discount relates only to the initial sale of the notes. If the notes are sold in a market-making transaction after their
initial sale, information about the price paid and the date of the sale wil be provided in a separate confirmation of sale.
Please refer to the accompanying prospectus dated September 19, 2011 and the accompanying Series D prospectus
supplement dated September 19, 2011 for additional information about the notes being purchased.

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Pricing Supplement No. 2544 dated November 25, 2013
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Neither the Securities and Exchange Commission nor any other regulatory body has approved or
disapproved of these securities or passed upon the accuracy or adequacy of this pricing supplement, the
accompanying prospectus supplement or the accompanying prospectus. Any representation to the contrary is
a criminal offense.
The notes have been registered under the Securities Act of 1933 solely for the purpose of sales in the
United States; they have not been and will not be registered for the purpose of any sales outside the United
States.
The notes are not bank deposits and are not insured by the Federal Deposit Insurance Corporation or any
other governmental agency, nor are they obligations of, or guaranteed by, a bank.

Goldman Sachs may use this pricing supplement, the accompanying prospectus supplement and the accompanying
prospectus in the initial sale of the notes. In addition, Goldman, Sachs & Co. or any other affiliate of Goldman Sachs
may use this pricing supplement, the accompanying prospectus supplement and the accompanying prospectus in a
market-making transaction in the notes after their initial sale. Unless Goldman Sachs or its agent informs the purchaser
otherwise in the confirmation of sale, this pricing supplement, the accompanying prospectus supplement and the
accompanying prospectus are being used in a market-making transaction.

Drexel Hamilton
Loop Capital Markets LLC

The Williams Capital Group, L.P.

Pricing Supplement dated November 25, 2013.
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Payment of Additional Amounts
United States Federal Income Tax Consequences
We intend to pay principal and interest without
Your notes wil be treated as variable rate debt
deducting U.S. withholding taxes. If we are required to
instruments for United States Federal income tax
deduct U.S. withholding taxes from payment to
purposes as described under "United States Taxation --
non-U.S. investors, however, we wil pay additional
Taxation of Debt Securities -- United States Holders --
amounts on those payments, but only to the extent
Variable Rate Debt Securities" in the accompanying
described in the accompanying prospectus under
prospectus.
"Description of Debt Securities We May Offer --
Payment of Additional Amounts".
Please refer to the discussion under "United States
Taxation" in the accompanying prospectus supplement
Tax Redemption
and the accompanying prospectus for a description of the
material U.S. federal income tax consequences of
We wil have the option to redeem the notes before
ownership and disposition of the notes.
they mature (at par plus accrued interest) if we become
obligated to pay additional amounts because of changes
In addition, Treasury regulations and administrative
in U.S. withholding tax requirements but only if our
guidance provide that Foreign Account Tax Compliance
obligation results from a change in the laws or regulations
Act ("FATCA") withholding (as described in "United States
of any U.S. taxing authority, or from a change in any
Taxation -- Taxation of Debt Securities -- Foreign
official interpretation or application of those laws or
Account Tax Compliance" in the accompanying
regulations, that becomes effective or is announced on or
prospectus) wil generally not apply to obligations that are
after November 25, 2013, as described in the
issued prior to July 1, 2014; therefore, the notes wil not
accompanying prospectus under "Description of Debt
be subject to FATCA withholding.
Securities We May Offer -- Redemption and Repayment
-- Tax Redemption".
Additional Information Regarding Terms of the Notes
FDIC
To ful y understand the terms of your notes, you
should read the description of the Actual/360 (ISDA) day
The notes are not bank deposits and are not insured
count convention appearing under "Description of Notes
by the Federal Deposit Insurance Corporation or any
We May Offer -- Interest Rates -- Floating Rate Notes"
other governmental agency, nor are they obligations of, or
in the accompanying prospectus supplement, the
guaranteed by, a bank.
descriptions of New York business day and London
business day appearing under "Description of Debt
Securities We May Offer -- Payment Mechanics for Debt
Securities -- Business Days" in the accompanying
prospectus and the description of the modified fol owing
business day convention appearing under "Description of
Debt Securities We May Offer -- Payment Mechanics for
Debt Securities -- Business Day Conventions" in the
accompanying prospectus. These descriptions, together
with the terms set forth on the cover page of this pricing
supplement and the terms appearing in the left hand
column of this page PS-2, are terms of your notes and
wil be incorporated into the master global note that
represents your notes.

PS-2
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Pricing Supplement No. 2544 dated November 25, 2013
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Considerations Relating to LIBOR
LIBOR-based securities. Any such changes or reforms to
LIBOR may result in a sudden or prolonged increase or
Concerns about the under-reporting and manipulation
decrease in reported LIBOR rates, which could have an
of interbank lending rates, which are used to calculate
adverse impact on the value of your notes. In addition,
LIBOR, have existed since 2008. See "Considerations
any changes announced by the FCA, the British Bankers'
Relating to Floating Rate Debt Securities" in the
Association, the NYSE Administration or any other
accompanying prospectus. A number of British Bankers'
successor governance or oversight body, or future
Association member banks have entered into settlements
changes adopted by such body, in the method pursuant to
with their regulators and law enforcement agencies with
which the LIBOR rates are determined may result in a
respect to al eged manipulation of LIBOR, and
sudden or prolonged increase or decrease in the reported
investigations were initiated by regulators and
LIBOR rates. If that were to occur and to the extent that
governmental authorities in various jurisdictions (including
the value of your notes is affected by reported LIBOR
in the United States, United Kingdom, European Union,
rates, the level of interest payments and the value of the
Japan and Canada). Fol owing a review conducted at the
notes may be affected. Further, uncertainty as to the
request of U.K. Government, in September 2012
extent and manner in which the Wheatley Review
recommendations, known as the Wheatley Review, were
recommendations wil continue to be adopted and the
published for reforming the setting and governing of
timing of such changes may adversely affect the current
LIBOR. The Wheatley Review made a number of
trading market for LIBOR-based securities and the value
recommendations for changes with respect to LIBOR,
of your notes.
including the introduction of statutory regulation of LIBOR,
the transfer of responsibility for LIBOR from the British
Additional Disclosure about our Relationship With the
Bankers Association to an independent administrator,
Trustee
changes to the method of compilation of lending rates and
new regulatory oversight and enforcement mechanisms
The Bank of New York Mel on is initially serving as
for ratesetting and reduction in the number of currencies
trustee for the indenture under which the notes are being
and tenors for which LIBOR is published. Based on the
issued. Affiliates of the trustee have underwritten our
Wheatley Review, final rules for the regulation and
securities from time to time in the past and may
supervision of LIBOR by the Financial Conduct Authority
underwrite our securities from time to time in the future.
(the "FCA") were published and came into effect on April
The trustee may have to resign if a default occurs with
2, 2013 (the "FCA Rules"). In particular, the FCA Rules
respect to the notes within one year after any offering of
include requirements that (1) an independent LIBOR
our securities underwritten by an affiliate of the trustee,
administrator monitor and survey LIBOR submissions to
such as BNY Mel on Capital Markets, LLC, since the
identify breaches of practice standards and/or potentially
trustee would likely be considered to have a conflicting
manipulative behavior, and (2) firms submitting data to
interest for purposes of the Trust Indenture Act of 1939.
LIBOR establish and maintain a clear conflicts of interest
In that event, except in very limited circumstances, the
policy and appropriate systems and controls. In addition,
trustee would be required to resign as trustee under the
in response to the Wheatley Review recommendations,
indenture under which the notes are being issued and we
NYSE Euronext Rate Administration Ltd. (the "NYSE
would be required to appoint a successor trustee, unless
Administration") has been appointed as the independent
the default is cured or waived within 90 days. In addition,
LIBOR administrator, effective in early 2014. However, it
the trustee can resign for any reason with 60 days notice,
is not possible to predict the effect of the FCA Rules, any
and we would be required to appoint a successor trustee.
changes in the methods pursuant to which the LIBOR
If the trustee resigns fol owing a default or for any other
rates are determined and any other reforms to LIBOR
reason, it may be difficult to identify and appoint a
that wil be enacted in the U.K. and elsewhere, which may
qualified successor trustee. The trustee wil remain the
adversely affect the trading market for
trustee under the indenture until a successor is appointed.
During the period of

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Table of Contents
time until a successor is appointed, the trustee wil have
September 19, 2011 under "Our Relationship with the
both (a) duties to noteholders under the indenture and (b)
Trustee," we describe certain other circumstances in
a conflicting interest under the indenture for purposes of
which the trustee may have to resign due to a conflict of
the Trust Indenture Act. In the accompanying prospectus
interest.
dated

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Pricing Supplement No. 2544 dated November 25, 2013
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SUPPLEMENTAL PLAN OF DISTRIBUTION

The Goldman Sachs Group, Inc. and the
are not sold at the original issue price, the underwriters
underwriters for this offering named below have entered
may change the offering price and the other selling terms.
into a terms agreement and a distribution agreement with
The offering of the notes by the underwriters is subject to
respect to the notes. Subject to certain conditions, each
receipt and acceptance and subject to the underwriters'
underwriter has agreed to purchase the principal amount
right to reject any order in whole or in part.
of notes indicated in the fol owing table.

The underwriters intend to offer the notes for sale in
Principal Amount
the United States either directly or through affiliates or
Underwriters

of Notes

other dealers acting as selling agents. The underwriters
Goldman, Sachs & Co.

$ 985,000,000
may also offer the notes for sale outside the United
Drexel Hamilton, LLC

5,000,000

States either directly or through affiliates or other dealers
Loop Capital Markets LLC

5,000,000

acting as selling agents. This pricing supplement may be
The Wil iams Capital Group, L.P.

5,000,000

used by the underwriters and other dealers in connection

Total

$1,000,000,000
with offers and sales of notes made in the United States,
as wel as offers and sales in the United States of notes
The underwriters are committed to take and pay for
initial y sold outside the United States. The notes have not
all of the notes being offered, if any are taken.
been, and wil not be, registered under the Securities Act
The fol owing table shows the per $1,000 principal
of 1933 for the purpose of sales outside the United
amount of notes and total underwriting discounts and
States.
commissions to be paid to the underwriters by us.
Please note that the information about the original

Per $1,000 note
issue date, original issue price and net proceeds to The

$

4.50
Total
Goldman Sachs Group, Inc. on the front cover page

$4,500,000
relates only to the initial sale of the notes. If you have
Notes sold by the underwriters to the public wil
purchased a note in a market-making transaction after
initially be offered at the original issue price set forth on
the initial sale, information about the price and date of
the cover of this pricing supplement. The underwriters
sale to you wil be provided in a separate confirmation of
intend to purchase the notes from The Goldman Sachs
sale.
Group, Inc. at a purchase price equal to the original issue
price less a discount of 0.45% of the principal amount of
It is expected that delivery of the notes wil be made
the notes. Any notes sold by the underwriters to
against payment therefor on November 29, 2013, which is
securities dealers may be sold at a discount from the
the third New York business day fol owing the date of this
original issue price of up to 0.20% of the principal amount
pricing supplement.
of the notes. Any such securities dealers may resell any
Each underwriter has represented and agreed that it
notes purchased from the underwriters to certain other
wil not offer or sel the notes in the United States or to
brokers or dealers at a discount from the original issue
United States persons except if such offers or sales are
price of up to 0.15% of the principal amount of the notes.
made by or through Financial Industry Regulatory
If al of the offered notes
Authority, Inc. member broker-dealers registered with the
U.S. Securities and Exchange Commission.

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Each underwriter has represented and agreed that:
provided that no such offer of notes referred to above

shall require The Goldman Sachs Group, Inc. or the
· it has only communicated or caused to be
underwriter to publish a prospectus pursuant to Article 3
communicated and wil only communicate or cause
of the Prospectus Directive or supplement a prospectus
to be communicated an invitation or inducement to
pursuant to Article 16 of the Prospectus Directive.
engage in investment activity (within the meaning of
Section 21 of the Financial Services and Markets
For the purposes of this provision, the expression "an

Act 2000 (as amended) (the "FSMA")) received by
offer of notes to the public" in
it in connection with the issue or sale of the notes
relation to any notes in any Relevant Member State
in circumstances in which Section 21(1) of the
means the communication in any form and by any means
FSMA does not apply to The Goldman Sachs
of sufficient information on the terms of the offer and the
Group, Inc.; and
notes to be offered so as to enable an investor to decide

to purchase or subscribe the notes, as the same may be
· it has complied and wil comply with all applicable
varied in that Member State by any measure
provisions of the FSMA with respect to anything
implementing the Prospectus Directive in that Member

done by it in relation to the notes in, from or
State, the expression "Prospectus Directive" means
otherwise involving the United Kingdom.
Directive 2003/71/EC (and amendments thereto, including
the 2010 PD Amending Directive, to the extent
In relation to each Member State of the European
implemented in the Relevant Member State), and includes
Economic Area which has implemented the Prospectus
any relevant implementing measure in the Relevant
Directive (each, a "Relevant Member State"), with effect
Member State and the expression 2010 PD Amending
from and including the date on which the Prospectus
Directive means Directive 2010/73/EU.
Directive is implemented in that Relevant Member State
(the "Relevant Implementation Date") an offer of notes
The notes may not be offered or sold by means of
which are the subject of the offering contemplated by this
any document other than (i) in circumstances which do
pricing supplement in relation thereto may not be made to
not constitute an offer to the public within the meaning of
the public in that Relevant Member State except that, with
the Companies Ordinance (Cap. 32, Laws of Hong
effect from and including the Relevant Implementation
Kong), or (i ) to "professional investors" within the
Date, an offer of such notes may be made to the public in
meaning of the Securities and Futures Ordinance
that Relevant Member State:
(Cap. 571, Laws of Hong Kong) and any rules made

thereunder, or (i i) in other circumstances which do not
(a) at any time to any legal entity which is a
result in the document being a "prospectus" within the

qualified investor as defined in the Prospectus
meaning of the Companies Ordinance (Cap. 32, Laws of
Directive;
Hong Kong), and no advertisement, invitation or document

relating to the notes may be issued or may be in the
(b) at any time to fewer than 100 or, if the Relevant
possession of any person for the purpose of issue (in
Member State has implemented the relevant
each case whether in Hong Kong or elsewhere), which is
provision of the 2010 PD Amending Directive,
directed at, or the contents of which are likely to be

150, natural or legal persons (other than
accessed or read by, the public in Hong Kong (except if
qualified investors as defined in the Prospectus
permitted to do so under the laws of Hong Kong) other
Directive), subject to obtaining the prior consent
than with respect to notes which are or are intended to
of the representative for any such offer; or
be disposed of only to persons outside Hong Kong or only

to "professional investors" within the meaning of the
(c) at any time in any other circumstances fal ing

Securities and Futures Ordinance (Cap. 571, Laws of
within Article 3(2) of the Prospectus Directive,
Hong Kong) and any rules made thereunder.

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This pricing supplement has not been registered as a
is or wil be given for the transfer; (3) where the transfer
prospectus with the Monetary Authority of Singapore.
is by operation of law or (4) pursuant to Section 276(7) of
Accordingly, this pricing supplement and any other
the SFA.
document or material in connection with the offer or sale,
or invitation for subscription or purchase, of the notes
The securities have not been and wil not be
may not be circulated or distributed, nor may the notes
registered under the Financial Instruments and Exchange
be offered or sold, or be made the subject of an invitation
Law of Japan (the Law No. 25 of 1948, as amended, the
for subscription or purchase, whether directly or indirectly,
"FIEL") and each underwriter has agreed that it wil not
to persons in Singapore other than (i) to an institutional
offer or sel any securities, directly or indirectly, in Japan
investor under Section 274 of the Securities and Futures
or to, or for the benefit of, any resident of Japan (which
Act, Chapter 289 of Singapore (the "SFA"), (i ) to a
term as used herein means any person resident in Japan,
relevant person pursuant to Section 275(1) of the SFA, or
including any corporation or other entity organized under
any person pursuant to Section 275(1A), and in
the laws of Japan), or to others for re-offering or resale,
accordance with the conditions specified in Section 275 of
directly or indirectly, in Japan or to a resident of Japan,
the SFA or (i i) otherwise pursuant to, and in accordance
except pursuant to an exemption from the registration
with the conditions of, any other applicable provision of
requirements of, and otherwise in compliance with, the
the SFA. Where the notes are subscribed or purchased
FIEL and any other applicable laws, regulations and
under Section 275 of the SFA by a relevant person which
ministerial guidelines of Japan.
is: (a) a corporation (which is not an accredited investor
The notes are not offered, sold or advertised,
(as defined in Section 4A of the SFA)) the sole business
directly or indirectly, in, into or from Switzerland on the
of which is to hold investments and the entire share
basis of a public offering and wil not be listed on the SIX
capital of which is owned by one or more individuals,
Swiss Exchange or any other offering or regulated trading
each of whom is an accredited investor; or (b) a trust
facility in Switzerland. Accordingly, neither this pricing
(where the trustee is not an accredited investor) whose
supplement, the accompanying prospectus supplement
sole purpose is to hold investments and each beneficiary
nor any accompanying prospectus or other marketing
of the trust is an individual who is an accredited investor,
material constitute a prospectus as defined in article 652a
shares, debentures and units of shares and debentures of
or article 1156 of the Swiss Code of Obligations or a
that corporation or the beneficiaries' rights and interest
listing prospectus as defined in article 32 of the Listing
(howsoever described) in that trust shall not be
Rules of the SIX Swiss Exchange or any other regulated
transferred within six months after that corporation or that
trading facility in Switzerland. Any resales of the notes by
trust has acquired the notes pursuant to an offer made
the underwriters thereof may only be undertaken on a
under Section 275 of the SFA except: (1) to an
private basis to selected individual investors in compliance
institutional investor (for corporations, under Section 274
with Swiss law. This pricing supplement, the
of the SFA) or to a relevant person defined in
accompanying prospectus supplement and accompanying
Section 275(2) of the SFA, or to any person pursuant to
prospectus may not be copied, reproduced, distributed or
Section 275(1A) or an offer that is made on terms that
passed on to others or otherwise made available in
such shares, debentures and units of shares and
Switzerland without our prior written consent. By
debentures of that corporation or such rights and interest
accepting this pricing supplement, the accompanying
in that trust are acquired at a consideration of not less
prospectus supplement and accompanying prospectus or
than S$200,000 (or its equivalent in a foreign currency)
by subscribing to the notes, investors are deemed to
for each transaction, whether such amount is to be paid
have acknowledged and agreed to abide by these
for in cash or by exchange of securities or other assets,
restrictions. Investors are advised to consult with their
in accordance with the conditions specified in Section 275
financial, legal or tax advisers before investing in the
of the SFA; (2) where no consideration
notes.

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The Goldman Sachs Group, Inc. estimates that its
banking, financial advisory, investment management,
share of the total offering expenses, excluding
principal investment, hedging, financing and brokerage
underwriting discounts and commissions paid to the
activities. The underwriters and their respective affiliates
underwriters, wil be approximately $170,000.
have, from time to time, performed, and may in the future
perform, various financial advisory and investment
The notes are a new issue of securities with no
banking services for The Goldman Sachs Group, Inc. or
established trading market. We have been advised by
its affiliates, for which they received or wil receive
Goldman, Sachs & Co. that it intends to make a market in
customary fees and expenses. Goldman, Sachs & Co. is
the notes. Other affiliates of The Goldman Sachs Group,
an affiliate of The Goldman Sachs Group, Inc. Please see
Inc. may also do so. Neither Goldman, Sachs & Co. nor
"Plan of Distribution -- Conflicts of Interest" on page 137
any other affiliate, however, is obligated to do so and any
of the accompanying prospectus.
of them may discontinue marketmaking at any time
without notice. No assurance can be given as to the
In the ordinary course of its various business
liquidity or the trading market for the notes.
activities, the underwriters and their respective affiliates
may make or hold a broad array of investments and
The Goldman Sachs Group, Inc. has agreed to
actively trade debt and equity securities (or related
indemnify the several underwriters against certain
derivative securities) and financial instruments (including
liabilities, including liabilities under the Securities Act of
bank loans) for their own account and for the accounts of
1933.
their customers and may at any time hold long and short
positions in such securities and instruments. Such
The underwriters and their respective affiliates are
investment and securities activities may involve securities
ful service financial institutions engaged in various
and instruments of The Goldman Sachs Group, Inc.
activities, which may include securities trading,
commercial and investment

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We have not authorized anyone to provide any information or to make any
representations other than those contained or incorporated by reference in this
pricing supplement, the accompanying prospectus supplement or the
accompanying prospectus. We take no responsibility for, and can provide no
assurance as to the reliability of, any other information that others may give
you. This pricing supplement, the accompanying prospectus supplement and
the accompanying prospectus is an offer to sell only the notes offered hereby,
but only under circumstances and in jurisdictions where it is lawful to do so.
The information contained in this pricing supplement, the accompanying
prospectus supplement and the accompanying prospectus is current only as
of the respective dates of such documents.

TABLE OF CONTENTS
Pricing Supplement

Page
Floating Rate Notes due 2023
Supplemental Plan of Distribution
PS-5
Prospectus Supplement dated September 19, 2011

Page
Use of Proceeds
S-2

Description of Notes We May Offer
S-3

Medium-Term Notes, Series D
United States Taxation
S-25
Employee Retirement Income Security Act
S-26
Supplemental Plan of Distribution
S-27
Validity of the Notes
S-28

Prospectus dated September 19, 2011

Page
Available Information
2

Prospectus Summary
4

Use of Proceeds
8

Description of Debt Securities We May Offer
9

Description of Warrants We May Offer
33

Description of Purchase Contracts We May Offer
48

Description of Units We May Offer
53

Description of Preferred Stock We May Offer
58

The Issuer Trusts
65

Description of Capital Securities and Related Instruments
67

Description of Capital Stock of The Goldman Sachs Group, Inc. 88

Legal Ownership and Book-Entry Issuance
92

Considerations Relating to Floating Rate Debt Securities
97

Considerations Relating to Securities Issued in Bearer Form
98

Considerations Relating to Indexed Securities
102

Considerations Relating to Securities Denominated or Payable in
or Linked to a Non-U.S. Dollar Currency
105

Considerations Relating to Capital Securities
108

United States Taxation
112

Plan of Distribution
135

Conflicts of Interest
137

Goldman, Sachs & Co.
Employee Retirement Income Security Act
138

Validity of the Securities
139

Drexel Hamilton
Experts
139

Loop Capital Markets LLC
Review of Unaudited Condensed Consolidated Financial
Statements by Independent Registered Public Accounting
The Williams Capital Group, L.P.
Firm
139

Cautionary Statement Pursuant to the Private Securities Litigation
Reform Act of 1995
140

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