New Issue: Goldman Sachs prices $3.16 million 1% notes linked to 10-year CMS rate

By Angela McDaniels

Tacoma, Wash., June 30 - Goldman Sachs Group, Inc. priced $3.16 million of 1% notes due July 10, 2014 linked to the 10-year Constant Maturity Swap Rate, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable on July 10 of each year.

The payout at maturity will be par plus 18 times the amount, if any, by which the 10-year CMS rate exceeds 5% on June 26, 2014, subject to a maximum payout of $1,450 for each $1,000 principal amount of notes.

If the 10-year CMS rate is less than or equal to 5%, the payout will be par.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Swap rate-linked notes
Underlying rate:	10-year Constant Maturity Swap Rate
Amount:	$3,161,000
Maturity:	July 10, 2014
Coupon:	1%, payable annually
Price:	Par
Payout at maturity:	Par plus 18 times the spread of the 10-year CMS rate over 5%, up to maximum return of 45%; if 10-year CMS rate is less than or equal to 5%, par
Pricing date:	June 26
Settlement date:	July 10
Underwriter:	Goldman, Sachs & Co.
Fees:	0.35%

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