New Issue: Goldman Sachs prices $695,000 notes due 2015 linked to Mexican peso

By Susanna Moon

Chicago, Feb. 12 - Goldman Sachs Group, Inc. priced $695,000 of 0% currency-linked notes due March 2, 2015 linked to the Mexican peso relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

If the currency finishes at or above the initial level, the payout at maturity will be par of $1,000 plus the greater of the return and $71, up to a maximum of $2,000.

Investors will receive par if the currency falls by up to 10% and will be fully exposed to any losses if the currency finishes below the 90% trigger level.

Goldman Sachs & Co. is the underwriter with JPMorgan as the placement agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Currency-linked notes
Underlying currency:	Mexican peso relative to dollar
Amount:	$695,000
Maturity:	March 2, 2015
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If currency gains, par plus greater of return and 7.1%, capped at 200%; par if currency falls by 10% or less; otherwise, full exposure to any losses
Initial spot rate:	13.3525
Pricing date:	Feb. 7
Settlement date:	Feb. 14
Underwriters:	Goldman Sachs & Co.
Fees:	1.1%
Cusip:	38147QLF1

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