Goldman Sachs Bank to price CDs on the Dow Jones industrial average

By Jennifer Chiou

New York, Dec. 6 - Goldman Sachs Bank, NA plans to price 0% equity-linked certificates of deposit due 2015 linked to the Dow Jones industrial average, according to a term sheet.

The payout at maturity will be par plus the greater of the sum of the index's monthly returns making up the life of the CDs and the minimum supplemental amount of 2%.

The return will be measured from the end of the immediately preceding month to the end of the current month. The return in each month can be positive or negative and will be subject to a cap of 1.5% to 2% that will be set at pricing.

There is a survivor put for the CDs (Cusip: 38143ADL6).

Goldman, Sachs & Co. is the agent. Incapital LLC is the distributor.

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