New Issue: Goldman prices $5.65 million notes tied to Asian currencies vs. dollar

By Susanna Moon

Chicago, May 24 - Goldman Sachs Group, Inc. priced $5.65 million of 0% currency-linked notes due Nov. 30, 2012 tied to a basket of three exchange rates, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying currencies are the Malaysian ringgit, Indonesian rupiah and Singapore dollar relative to the U.S. dollar, each with a weight of about one-third.

The payout at maturity will be par plus 2.01 times any basket gain.

Investors will receive par if the index falls by up to 5% and will lose 1.0526% for each 1% decline beyond 5%.

J.P. Morgan Securities LLC is the lead agent with Goldman Sachs & Co.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Currency-linked notes
Underlying currencies:	Malaysian ringgit, Indonesian rupiah and Singapore dollar, each with one-third weight, against the U.S. dollar
Amount:	$5,647,000
Maturity:	Nov. 30, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 201% of any basket gain; 1.0526% loss per 1% drop beyond 5%
Initial exchange rates:	3.0146 for ringgit, 8,532 for rupiah and 1.2358 for Singapore dollar
Pricing date:	May 20
Settlement date:	May 27
Agents:	J.P. Morgan Securities LLC (lead) with Goldman Sachs & Co.
Fees:	1.4%
Cusip:	38143UUV1

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