New Issue: Goldman Sachs prices $2.02 million buffered notes linked to price of gold

By Marisa Wong

Milwaukee, June 23 - Goldman Sachs Group, Inc. priced $2.02 million of 0% buffered commodity-linked notes due June 21, 2012 tied to the spot price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any increase in the price of gold, subject to a maximum return of 30%.

Investors will receive par for losses up to 20% and will lose 1.25% for every 1% decline beyond 20%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered commodity-linked notes
Underlying commodity:	Gold
Amount:	$2,022,000
Maturity:	June 21, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any increase in price of gold, subject to cap of 30%; par if price of gold falls by up to 20%; 1.25% loss for every 1% decline beyond 20%
Initial gold price:	$1,252
Pricing date:	June 21
Settlement date:	June 28
Underwriter:	Goldman, Sachs & Co.
Fees:	0.175%
Cusip:	38143UKP5

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