Obligation Goldman Sachs 5% ( US38143URQ66 ) en USD

Goldman Sachs

100 % ⇌

Etas-Unis

US38143URQ66 ( en USD )

5% par an ( paiement semestriel )

28/02/2026

Prospectus brochure de l'obligation Goldman Sachs US38143URQ66 en USD 5%, échéance 28/02/2026

1 000 USD

38143URQ6

N/A

28/02/2025 ( Dans 5 jours )

Goldman Sachs est une banque d'investissement multinationale américaine offrant des services financiers tels que la banque d'investissement, la gestion d'actifs, la gestion de patrimoine et la vente et négociation de titres.

L'Obligation émise par Goldman Sachs ( Etas-Unis ) , en USD, avec le code ISIN US38143URQ66, paye un coupon de 5% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 28/02/2026

Pricing Supplement No. 730 dated February 23, 2011
Page 1 of 11
424B2 1 d424b2.htm PRICING SUPPLEMENT NO. 730 DATED FEBRUARY 23, 2011
Table of Contents
Filed Pursuant to Rule 424(b)(2)
Registration Statement No. 333-154173

Pricing Supplement to the Prospectus dated April 6, 2009 and the
Prospectus Supplement dated April 6, 2009 -- No. 730

$17,500,000

The Goldman Sachs Group, Inc.

Callable Step-Up Fixed Rate Notes due 2026

Medium-Term Notes, Series D

We will pay you interest semi-annually on your notes at a rate of 5.00% per annum from and including February 28, 2011 to but excluding February
28, 2018. We will pay you interest semi-annually on your notes at a rate of 6.00% per annum from and including February 28, 2018 to but excluding
February 28, 2022. We will pay you interest semi-annually on your notes at a rate of 7.00% per annum from and including February 28, 2022 to but
excluding February 28, 2024. We will pay you interest semi-annually on your notes at a rate of 8.00% per annum from and including February 28, 2024 to
but excluding the stated maturity date (February 28, 2026). Interest will be paid on each February 28 and August 28. The first such payment will be made
on August 28, 2011.
In addition, we may redeem the notes at our option, in whole but not in part, on each February 28, May 28, August 28 and November 28 on
or after August 28, 2011, upon five business days' prior notice, at a redemption price equal to 100% of the outstanding principal amount plus
accrued and unpaid interest to but excluding the redemption date. Although the interest rate will step up during the life of your notes, you may
not benefit from such increase in the interest rate if your notes are redeemed prior to the stated maturity date.

Total

Per Note

Initial public offering price

100.000%
$
17,500,000
Underwriting discount

2.962%
$
518,350
Proceeds, before expenses, to The Goldman Sachs Group, Inc.

97.038%
$
16,981,650

The initial public offering price set forth above does not include accrued interest, if any. Interest on the notes will accrue from February 28, 2011 and
must be paid by the purchaser if the notes are delivered after February 28, 2011.
In addition to offers and sales at the initial public offering price, the notes may be offered and sold from time to time by the underwriters in one or
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Pricing Supplement No. 730 dated February 23, 2011
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more transactions at market prices prevailing at the time of sale, at prices related to market prices or at negotiated prices.
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. Any representation to the contrary is a criminal offense.
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.

Goldman, Sachs & Co.
Incapital LLC

Pricing Supplement dated February 23, 2011.
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Pricing Supplement No. 730 dated February 23, 2011
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Table of Contents
SPECIFIC TERMS OF THE NOTES

Please note that in this section entitled "Specific Terms of the Notes", references to "The Goldman Sachs Group, Inc.", "we", "our" and
"us" mean only The Goldman Sachs Group, Inc. and do not include its consolidated subsidiaries. Also, in this section, references to
"holders" mean The Depository Trust Company (DTC) or its nominee and not indirect owners who own beneficial interests in notes
through participants in DTC. Please review the special considerations that apply to indirect owners in the accompanying prospectus,
under "Legal Ownership and Book-Entry Issuance".
This pricing supplement no. 730 dated February 23, 2011 (pricing supplement) and the accompanying prospectus dated April 6, 2009
(accompanying prospectus), relating to the notes, should be read together. Because the notes are part of a series of our debt securities called Medium-
Term Notes, Series D, this pricing supplement and the accompanying prospectus should also be read with the accompanying prospectus supplement,
dated April 6, 2009 (accompanying prospectus supplement). Terms used but not defined in this pricing supplement have the meanings given them in the
accompanying prospectus or accompanying prospectus supplement, unless the context requires otherwise.
The notes are a separate series of our debt securities under our Medium-Term Notes, Series D program governed by our Senior Debt Indenture,
dated as of July 16, 2008, between us and The Bank of New York Mellon, as trustee. This pricing supplement summarizes specific terms that will apply to
your notes. The terms of the notes described here supplement those described in the accompanying prospectus supplement and accompanying
prospectus and, if the terms described here are inconsistent with those described there, the terms described here are controlling.
Terms of the Callable Step-Up Fixed Rate Notes due 2026

Issuer: The Goldman Sachs Group, Inc.
Redemption at option of issuer before stated maturity: We may
Principal amount: $17,500,000
redeem the notes at our option, in whole but not in part, on each
Specified currency: U.S. dollars ($)
February 28, May 28, August 28 and November 28 on or after August
28, 2011, upon five business days' prior notice, at a redemption price
Type of Notes: Fixed rate notes (notes)
equal to 100% of the outstanding principal amount plus accrued and
Denominations: $1,000 and integral multiples of $1,000 thereof
unpaid interest to but excluding the redemption date
Trade date: February 23, 2011
Listing: None
Original issue date: February 28, 2011
ERISA: as described under "Employee Retirement Income Security Act"
Stated maturity date: February 28, 2026
on page 143 of the accompanying prospectus
Interest rate: 5.00% per annum from and including February 28, 2011
CUSIP no.: 38143URQ6
to and excluding February 28, 2018; 6.00% per annum from and
ISIN no.: US38143URQ66
including February 28, 2018 to and excluding February 28, 2022; 7.00%
Form of notes: Your notes will be issued in book-entry form and
per annum from and including February 28, 2022 to and excluding
represented by a master global note. You should read the section "Legal
February 28, 2024; 8.00% per annum from and including February 28,
Ownership and Book-Entry Issuance" in the accompanying prospectus
2024 to and excluding February 28, 2026
for more information about notes issued in book-entry form
Original issue discount (OID): not applicable
Defeasance applies as follows:
Interest payment dates: February 28 and August 28 of each year,

commencing on August 28, 2011 and ending on the stated maturity date
·
full defeasance -- i.e., our right to be relieved of all our obligations
on the note by placing funds in trust for the investor: yes
Regular record dates: every February 13 and

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August 13
·
covenant defeasance -- i.e., our right to be relieved of specified
Day count convention: 30/360 (ISDA)
provisions of the note by placing funds in trust for the investor: yes
Business day: New York
FDIC: The notes are not bank deposits and are not insured by the
Business day convention: following unadjusted
Federal Deposit Insurance Corporation or any other governmental
agency, nor are they obligations of, or guaranteed by, a bank
Calculation Agent: Goldman, Sachs & Co.

PS-2
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Table of Contents
ADDITIONAL INFORMATION ABOUT THE NOTES
Book-Entry System
We will issue the notes as a master global note registered in the name of DTC, or its nominee. The sale of the notes will settle in immediately
available funds through DTC. You will not be permitted to withdraw the notes from DTC except in the limited situations described in the accompanying
prospectus under "Legal Ownership and Book-Entry Issuance -- What Is a Global Security? -- Holder's Option to Obtain a Non-Global Security; Special
Situations When a Global Security Will Be Terminated". Investors may hold interests in a master global note through organizations that participate, directly
or indirectly, in the DTC system.
When We Can Redeem the Notes
We will be permitted to redeem the notes at our option before their stated maturity, as described below. The notes will not be entitled to the benefit
of any sinking fund that is, we will not deposit money on a regular basis into any separate custodial account to repay your note. In addition, you will not
be entitled to require us to buy your note from you before its stated maturity.
We will have the right to redeem the notes at our option, in whole but not in part, on each February 28, May 28, August 28 and November 28 on or
after August 28, 2011, at a redemption price equal to 100% of the outstanding principal amount plus accrued and unpaid interest to but excluding the
redemption date. We will provide not less than 5 business days' prior notice in the manner described under "Description of Debt Securities We May Offer
-- Notices" in the attached prospectus. If the redemption notice is given and funds deposited as required, then interest will cease to accrue on and after
the redemption date on the notes. If any redemption date is not a business day, we will pay the redemption price on the next business day without any
interest or other payment due to the delay.
What are the Tax Consequences of the Notes
You should carefully consider, among other things, the matters set forth under "United States Taxation" in the accompanying prospectus supplement
and the accompanying prospectus. The following discussion summarizes certain of the material U.S. federal income tax consequences of the purchase,
beneficial ownership, and disposition of each of the notes. This summary supplements the section "United States Taxation" in the accompanying
prospectus supplement and the accompanying prospectus and is subject to the limitations and exceptions set forth therein.
The notes should not be treated as issued with "original issue discount" ("OID") despite the fact that the interest rate on the notes is scheduled to
step-up over the term of the notes because Treasury regulations generally deem an issuer to exercise a call option in a manner that minimizes the yield on
the debt instrument for purposes of determining whether a debt instrument is issued with OID. The yield on the notes would be minimized if we call the
notes immediately before the increase in the interest rate on February 28, 2018. This assumption is made solely for purposes of determining whether the
note is issued with OID for U.S. federal income tax purposes, and is not an indication of our intention to call or not to call the notes at any time. If we do not
call the notes prior to the first increase in the interest rate then, solely for OID purposes, the note will be deemed to be reissued at their adjusted issue
price on February 28, 2018. This deemed issuance should not give rise to taxable gain or loss to holders. The same analysis would apply to any
subsequent increase in the interest rates, and therefore the notes should never be treated as issued with OID for U.S. federal income tax purposes.
Under this approach, the coupon on a note will be taxable to a U.S. holder as ordinary interest income at the time it accrues or is received in
accordance with the U.S. holder's normal method of accounting for tax purposes (regardless of whether we call the notes).

PS-3
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Table of Contents
Upon the disposition of a note by sale, exchange, redemption or retirement (i.e., if we exercise our right to call the notes or otherwise) or other
disposition, a U.S. holder will generally recognize taxable gain or loss equal to the difference, if any, between (i) the amount realized on the disposition
(other than amounts attributable to accrued but unpaid interest, which would be treated as such) and (ii) the U.S. holder's adjusted tax basis in the note. A
U.S. holder's adjusted tax basis in a note generally will equal the cost of the note (net of accrued interest) to the U.S. holder. If you are a non-corporate
U.S. holder, long-term capital gain that you recognized in taxable years beginning before January 1, 2013 is generally taxed at a maximum rate of 15%.
The deductibility of capital losses is subject to significant limitations.
Medicare Tax. For taxable years beginning after December 31, 2012, a U.S. holder that is an individual or estate, or a trust that does not fall into a
special class of trusts that is exempt from such tax, will be subject to a 3.8% tax on the lesser of (1) the U.S. holder's "net investment income" for the
relevant taxable year and (2) the excess of the U.S. holder's modified adjusted gross income for the taxable year over a certain threshold (which in the
case of individuals will be between $125,000 and $250,000, depending on the individual's circumstances). A holder's net investment income will generally
include its interest income and its net gains from the disposition of notes, unless such interest payments or net gains are derived in the ordinary course of
the conduct of a trade or business (other than a trade or business that consists of certain passive or trading activities). If you are a U.S. holder that is an
individual, estate or trust, you are urged to consult your tax advisors regarding the applicability of the Medicare tax to your income and gains in respect of
your investment in the notes.
Backup Withholding and Information Reporting. Please see the discussion under "United States Taxation -- Taxation of Debt Securities -- Backup
Withholding and Information Reporting" in the accompanying prospectus. In addition pursuant to recently enacted legislation, certain payments in respect
of the notes made to corporate U.S. Holders after December 31, 2011 may be subject to information reporting and backup withholding.

PS-4
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Table of Contents
SUPPLEMENTAL PLAN OF DISTRIBUTION
The Goldman Sachs Group, Inc. and the underwriters for this offering named below have entered into a distribution agreement with respect to the
notes. Subject to certain conditions, each underwriter named below has severally agreed to purchase the principal amount of notes indicated in the
following table.

Principal Amount
Underwriters

of Notes
Goldman, Sachs & Co.

$
8,750,000
Incapital LLC

8,750,000

Total

$ 17,500,000

Notes sold by the underwriters to the public will initially be offered at the initial public offering price set forth on the cover of this pricing supplement.
The underwriters intend to purchase the notes from The Goldman Sachs Group, Inc. at a purchase price equal to the initial public offering price less a
discount of 2.962% of the principal amount of the notes. Any notes sold by the underwriters to securities dealers may be sold at a discount from the initial
public offering price of up to 2.412% of the principal amount of the notes. If all of the offered notes are not sold at the initial public offering price, the
underwriters may change the offering price and the other selling terms.
We have agreed to sell to the underwriters, and the underwriters have agreed to purchase from us, the aggregate face amount of notes specified on
the front cover of this pricing supplement. In addition to offers and sales at the initial public offering price, the underwriters may offer the notes from time to
time for sale in one or more transactions at market prices prevailing at the time of sale, at prices related to market prices or at negotiated prices.
Please note that the information about the initial public offering price and net proceeds to The Goldman Sachs Group, Inc. on the front cover page
relates only to the initial sale of the notes. If you have purchased a note in a market-making transaction by Goldman, Sachs & Co. or any other affiliate of
The Goldman Sachs Group, Inc. after the initial sale, information about the price and date of sale to you will be provided in a separate confirmation of sale.
Each underwriter has represented and agreed that it will not offer or sell the notes in the United States or to United States persons except if such
offers or sales are made by or through FINRA member broker-dealers registered with the U.S. Securities and Exchange Commission.
The Goldman Sachs Group, Inc. estimates that its share of the total offering expenses, excluding underwriting discounts and commissions, whether
paid to Goldman, Sachs & Co. or any other underwriter, will be approximately $17,000.
The notes are a new issue of securities with no established trading market. The Goldman Sachs Group, Inc. has been advised by Goldman,
Sachs & Co. and Incapital LLC that they may make a market in the notes. Goldman, Sachs & Co. and Incapital LLC are not obligated to do so and may
discontinue market-making at any time without notice. No assurance can be given as to the liquidity of the trading market for the notes.
The Goldman Sachs Group, Inc. has agreed to indemnify the several underwriters against certain liabilities, including liabilities under the Securities
Act of 1933.
Certain of the underwriters and their affiliates have in the past provided, and may in the future from time to time provide, investment banking and
general financing and banking services to The Goldman Sachs Group, Inc. and its affiliates, for which they have in the past received, and may in the future
receive,
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PS-5
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Table of Contents
customary fees. The Goldman Sachs Group, Inc. and its affiliates have in the past provided, and may in the future from time to time provide, similar
services to the underwriters and their affiliates on customary terms and for customary fees.
Conflicts of Interest
Goldman, Sachs & Co. is an affiliate of The Goldman Sachs Group, Inc. and, as such, has a "conflict of interest" in this offering within the meaning of
FINRA Rule 5121. Consequently, the offering is being conducted in compliance with the provisions of Rule 5121. Goldman, Sachs & Co. is not permitted
to sell notes in this offering to an account over which it exercises discretionary authority without the prior specific written approval of the account holder.

PS-6
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Table of Contents

No dealer, salesperson or other person is authorized to give any information or to represent
anything not contained in this pricing supplement and the accompanying prospectus supplement
and prospectus. You must not rely on any unauthorized information or representations. This
pricing supplement 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 is current only as of its date.

$17,500,000
TABLE OF CONTENTS
Pricing Supplement

Page
Specific Terms of the Notes
PS-2
The Goldman Sachs Group, Inc.
Additional Information About the Notes
PS-3
Supplemental Plan of Distribution
PS-5
Conflicts of Interest
PS-6
Callable Step-Up Fixed Rate Notes
Prospectus Supplement dated April 6, 2009

due 2026

Page
Use of Proceeds
S-2
Description of Notes We May Offer
S-3

United States Taxation
S-24
Medium-Term Notes, Series D
Employee Retirement Income Security Act
S-25
Supplemental Plan of Distribution
S-26
Validity of the Notes
S-27
Prospectus dated April 6, 2009

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
49

Description of Units We May Offer
54
Description of Preferred Stock We May Offer
59

The Issuer Trusts
66

Description of Capital Securities and Related Instruments
68

Description of Capital Stock of The Goldman Sachs Group, Inc.
91

Legal Ownership and Book-Entry Issuance
96
Considerations Relating to Securities Issued in Bearer Form
102

Considerations Relating to Indexed Securities
106

Considerations Relating to Securities Denominated or Payable in or Linked to a Non-

U.S. Dollar Currency
109
Considerations Relating to Capital Securities
112

United States Taxation
116

Plan of Distribution
140

Employee Retirement Income Security Act
143

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