New Issue: Goldman Sachs prices $3 million leveraged commodity-linked notes tied to gold

By Toni Weeks

San Luis Obispo, Calif., Dec. 4 - Goldman Sachs Group, Inc. priced $3 million of 0% leveraged commodity-linked notes due Dec. 7, 2015 linked to gold, according to a 424B2 filing with the Securities and Exchange Commission.

If the commodity return is positive, the payout at maturity will be par plus 150% of the commodity return, subject to a maximum return of $1,318.75 per $1,000 principal amount.

Investors will share in any losses.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Commodity-linked notes
Underlying commodity:	Gold
Amount:	$3 million
Maturity:	Dec. 7, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any increase in price of gold, subject to maximum payment of $1,318.75 per $1,000 principal amount; full exposure to any losses
Initial price:	$1,229.50
Pricing date:	Dec. 2
Settlement date:	Dec. 9
Underwriter:	Goldman Sachs & Co.
Fees:	1.65%
Cusip:	38147Q2E5

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