New Issue: Goldman prices $14.58 million currency-linked notes tied to three rates

By Toni Weeks

San Diego, Feb. 1 - Goldman Sachs Group, Inc. priced $14.58 million of 0% currency-linked notes due Aug. 5, 2013 tied to an equally weighted basket of three currency exchange rates against the U.S. dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The basket currencies include the Brazilian real, Canadian dollar and Mexican peso.

If the basket return is greater than 14%, the payout at maturity will be par plus the basket return.

If the basket return is between 14% and negative 20%, inclusive, investors will receive $1,140 per $1,000 principal amount of notes.

Investors will be fully exposed to losses if the basket declines beyond the 20% buffer.

Goldman Sachs & Co. is the underwriter, and J.P. Morgan Securities LLC is the agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Currency-linked notes
Underlying rates:	Brazilian real, Canadian dollar and Mexican peso, equally weighted relative to the U.S. dollar
Amount:	$14,584,000
Maturity:	Aug. 5, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	If basket gains more than 14%, par plus basket return; if basket return is between negative 20% and 14%, inclusive, $1,140 per $1,000 principal amount; full exposure to losses if basket falls by more than 20%
Initial rates:	1.7436 for Brazilian real, 1.00155 for Canadian dollar, 12.9495 for Mexican peso
Pricing date:	Jan. 27
Settlement date:	Feb. 3
Underwriter:	Goldman Sachs & Co., with J.P. Morgan Securities LLC as agent
Fees:	1.4%
Cusip:	38143UM81

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