New Issue: Goldman Sachs prices $12.47 million notes linked to two indexes, one ETF

By Angela McDaniels

Tacoma, Wash., July 2 - Goldman Sachs Group, Inc. priced $12.47 million of 0% basket-linked notes due July 15, 2010 linked to two indexes and an exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes the S&P 500 index with a 65% weight, the MSCI EAFE index with a 30% weight and the iShares MSCI Emerging Markets index fund with a 5% weight.

The payout at maturity will be par plus 150% of any basket gain, subject to a maximum payout of $1,330 per $1,000 principal amount of notes. Investors will receive par if the basket declines by 10% or less and will lose 1.1111% for every 1% decline beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Basket-linked notes
Underlying basket:	S&P 500 index (65% weight), MSCI EAFE index (30% weight) and iShares MSCI Emerging Markets index fund (5% weight)
Amount:	$12.47 million
Maturity:	July 15, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any basket gain, capped at maximum return of 33%; par if basket falls by 10% or less; 1.1111% loss for every 1% decline beyond 10%
Initial levels:	1,276.8 for S&P 500; 1,964.95 for MSCI EAFE; $135.27 for iShares MSCI EM
Pricing date:	June 30
Settlement date:	July 15
Underwriter:	Goldman, Sachs & Co.
Fees:	0.175%

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