New Issue: Goldman Sachs prices $6.62 million notes due 2012 linked to gold

By Angela McDaniels

Tacoma, Wash., Nov. 1 - Goldman Sachs Group, Inc. priced $6.62 million of 0% commodity-linked notes due Nov. 9, 2012 linked to the price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 188% of any percentage increase in the price of gold, subject to a maximum return of 18.8%. Investors will receive par if the price of gold falls by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

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

Issuer:	Goldman Sachs Group, Inc.
Issue:	Commodity-linked notes
Underlying commodity:	Gold
Amount:	$6,618,000
Maturity:	Nov. 9, 2012
Coupon:	0%
Price:	Variable prices
Payout at maturity:	Par plus 188% of any percentage increase in price of gold, subject to maximum return of 18.8%; par if the price of gold falls by 10% or less; 1.1111% loss for every 1% that gold declines beyond 10%
Initial gold price:	$1,741
Pricing date:	Oct. 28
Settlement date:	Nov. 4
Underwriter:	Goldman Sachs & Co. with J.P. Morgan Securities LLC as dealer
Fees:	1.1%
Cusip:	38143UYQ8

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