New Issue: Goldman Sachs sells $3 million leveraged notes tied to Asian currencies

By Marisa Wong

Madison, Wis., May 28 - Goldman Sachs Group, Inc. priced $3 million of 0% leveraged currency-linked notes due May 29, 2015 tied to a basket of currency exchange rates relative to the U.S. dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The basket currencies include the Chinese renminbi, with a 50% weight, the Singapore dollar, with a 25% weight, the Malaysian ringgit, with a 15% weight, and the Korean won, with a 10% weight.

If the basket return is zero or positive, the payout at maturity will be par plus 2.2 times the basket return.

Investors will be fully exposed to any basket decline.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged currency-linked notes
Underlying currencies:	Chinese renminbi (50% weight), Singapore dollar (25% weight), Malaysian ringgit (15% weight) and Korean won (10% weight), relative to U.S. dollar
Amount:	$3 million
Maturity:	May 29, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2.2 times any basket gain; full exposure to losses
Initial spot rates:	6.1947 for renminbi, 1.2677 for Singapore dollar, 3.0347 for ringgit, 1,123.70 for won
Pricing date:	May 23
Settlement date:	May 30
Agent:	Goldman Sachs & Co.
Fees:	1.65%
Cusip:	38141GUG7

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