New Issue: Goldman Sachs prices $615,000 one-year currency-linked notes tied to Australian dollar

By Toni Weeks

San Diego, Sept. 5 - Goldman Sachs Group, Inc. priced $615,000 of 0% currency-linked notes due Sept. 13, 2013 linked to the Australian dollar relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

If the final spot rate is at least 90% of the initial spot rate, the payout at maturity will be par plus the greater of the currency return and the contingent minimum return of 7.51%, subject to a maximum payment of $2,000 per $1,000 principal amount of notes.

Otherwise, investors will be fully exposed to losses from the initial spot rate.

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

Issuer:	Goldman Sachs Group, Inc.
Issue:	Currency-linked notes
Underlying currency:	Australian dollar, relative to dollar
Amount:	$615,000
Maturity:	Sept. 13, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	If currency return is greater than or equal to negative 10%, par plus greater of currency return and 7.51%; if return is less than negative 10%, full exposure to losses
Initial rate:	1/1.0335, or about A$0.9676 per dollar
Pricing date:	Aug. 31
Settlement date:	Sept. 10
Underwriter:	Goldman Sachs & Co. with J.P. Morgan Securities LLC as agent
Fees:	1.1%
Cusip:	38143U6Q9

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