New Issue: Goldman prices $11.8 million 5.58% notes linked to Russell, MSCI EAFE

By Susanna Moon

Chicago, March 23 – Goldman Sachs Group, Inc. priced $11.8 million of 0% fixed coupon index-linked notes due June 20, 2016 tied to the worse performing of the Russell 2000 index and the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a fixed coupon of $4.584 for each $1,000 face amount on each monthly coupon payment date.

The payout at maturity will be par unless either index finishes below the 85% barrier level, in which case investors will lose 1.1765% for each 1% decline of the worse performing index beyond 15%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Fixed coupon index-linked notes
Underlying indexes:	Russell 2000 index and MSCI EAFE index
Amount:	$11.8 million
Maturity:	June 20, 2016
Coupon:	5.5008%, payable monthly
Price:	Par
Payout at maturity:	Par unless either index finishes below barrier level, in which case 1.1765% loss per 1% drop of worse performing index beyond 15%
Initial levels:	1,252.141 for Russell and 1,845.08 for MSCI EAFE
Barrier levels:	85% of initial levels
Pricing date:	March 18
Settlement date:	March 24
Underwriter:	Goldman, Sachs & Co.
Fees:	0.1%
Cusip:	38147QXL5

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