New Issue: Goldman Sachs sells $8.49 million notes tied to Mexican peso vs. dollar

By Marisa Wong

Madison, Wis., June 18 - Goldman Sachs Group, Inc. priced $8.49 million of 0% currency-linked notes due June 30, 2014 linked to the Mexican peso against the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

If the currency return is greater than or equal to negative 10%, the payout at maturity will be par plus the greater of the currency return and 8.125%, subject to a maximum payment of $2,000 per $1,000 principal amount of notes.

Otherwise, investors will be fully exposed to losses.

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

Issuer:	Goldman Sachs Group, Inc.
Issue:	Currency-linked notes
Underlying currency:	Mexican peso against the dollar
Amount:	$8,488,000
Maturity:	June 30, 2014
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If currency return is greater than or equal to negative 10%, par plus greater of currency return and 8.125%, up to maximum payout of $2,000 per note; if return is less than negative 10%, full exposure to losses
Initial rate:	12.6823
Pricing date:	June 14
Settlement date:	June 21
Underwriter:	Goldman Sachs & Co. with J.P. Morgan Securities LLC as agent
Fees:	1.1%
Cusip:	38147QCJ3

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