New Issue: Goldman prices $2.91 million currency-linked notes on exchange rates

By Jennifer Chiou

New York, Oct. 15 - Goldman Sachs Group, Inc. priced $2.91 million of 0% currency-linked notes due Aug. 20, 2012 tied to a basket of exchange rates, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the Indian rupee, Indonesian rupiah, Turkish lira, Singapore dollar, Chilean peso and the Swedish krona, all against the U.S. dollar.

The payout at maturity will be par plus the greater of the basket performance and the 13% threshold settlement amount if the basket gains or finishes even.

Investors will receive par if the basket falls by up to 15% and will lose 1.1765% for each 1% drop beyond the buffer.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Currency-linked notes
Underlying rates:	Equal weights of the Indian rupee, Indonesian rupiah, Turkish lira, Singapore dollar, Chilean peso and the Swedish krona, all against the U.S. dollar
Amount:	$2,905,000
Maturity:	Aug. 20, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus greater of 13% and basket return if basket finishes at or above initial level; par if the basket falls by up to 15% and losses of 1.1765% for each 1% drop beyond the buffer
Initial rates:	44.33 rupee per U.S. dollar, 8,920 rupiah per U.S. dollar, 1.405 lira per U.S. dollar, 1.3022 Singapore dollars per U.S. dollar, 474 pesos per U.S. dollar and 6.6279 krona per U.S. dollar
Pricing date:	Oct. 13
Settlement date:	Oct. 20
Underwriter:	Goldman, Sachs & Co.
Fees:	0.15%
Cusip:	38143UNK3

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