New Issue: Goldman prices $6.73 million commodity-linked notes tied to gold

By Jennifer Chiou

New York, Dec. 13 - Goldman Sachs Group, Inc. priced $6.73 million of 0% commodity-linked notes due Dec. 21, 2012 tied to the price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any increase in the price of gold, subject to a maximum payment of $1,150 per $1,000 principal amount of notes.

Investors will receive par if the price of gold falls by up to 15% and will lose 1.1765% for every 1% drop in the price beyond 15%.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as the placement agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Commodity-linked notes
Underlier:	Gold
Amount:	$6,725,000
Maturity:	Dec. 21, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any increase in price of gold, subject to maximum payment of $1,150 per $1,000 principal amount; par if price of gold drops by up to 15%; 1.1765% loss for every 1% drop in price of gold beyond 15%
Initial price:	$1,709.00
Pricing date:	Dec. 9
Settlement date:	Dec. 16
Underwriter:	Goldman Sachs & Co. with J.P. Morgan Securities LLC as placement agent
Fees:	1.1%
Cusip:	38143UK26

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