New Issue: Goldman Sachs prices $1.51 million notes on Asian currencies vs. dollar

By Toni Weeks

San Diego, June 1 - Goldman Sachs Group, Inc. priced $1.51 million of 0% currency-linked notes due Dec. 7, 2012 tied to a basket of three equally weighted exchange rates relative to the U.S. dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying currencies are the Malaysian Ringgit, Indonesian Rupiah and Singapore Dollar.

The payout at maturity will be par plus 2.08 times any basket return.

Investors will receive par if the basket falls by up to 5% and will lose 1.0526% for each 1% decline beyond 5%.

Goldman Sachs & Co. is the underwriter, and J.P. Morgan Securities LLC is the placement agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Currency-linked notes
Underlying currencies:	Malaysian ringgit, Indonesian rupiah and Singapore dollar, equally weighted
Amount:	$1,509,000
Maturity:	Dec. 7, 2012
Coupon:	0%
Price:	Variable
Payout at maturity:	Par plus 2.08 times any basket return; par if basket falls by up to 5%; 1.0526% loss for each 1% decline beyond 5%
Initial rates:	3.0308 for ringgit, 8565 for rupiah and 1.2387 for Singapore dollar
Pricing date:	May 27
Settlement date:	June 6
Agent:	Goldman Sachs & Co. (underwriter), J.P. Morgan Securities LLC (placement agent)
Fees:	1.4%
Cusip:	38143UVB4

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