New Issue: Goldman Sachs prices $50 million 6% notes mandatorily exchangeable for Barrick Gold

By Jennifer Chiou

New York, March 3 - The Goldman Sachs Group Inc. priced $50,000,230.37 of 6% notes due March 7, 2007 mandatorily exchangeable for Barrick Gold Corp. stock, according to a 424B3 filing with the Securities and Exchange Commission.

Issuer:	Goldman Sachs Group
Issue:	Mandatory exchangeable medium-term series B notes
Underlying stock:	Barrick Gold Corp.
Amount:	$50,000,230.37
Maturity:	March 7, 2007, unless extended up to six business days
Coupon:	6%, payable quarterly
Price:	Par of $27.6893
Exchange ratio:	1, capped at $34.8193, equivalent to 125.75% of stock price at issue
Threshold price:	$34.8193
Exchange price:	$27.6893
Lead manager:	Goldman, Sachs & Co.
Pricing date:	Feb. 27
Settlement date:	March 6

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