Goldman Sachs to price leveraged notes linked to dollar versus euro

By Angela McDaniels

Tacoma, Wash., Oct. 2 – Goldman Sachs Group, Inc. plans to price 18- to 21-month 0% leveraged notes linked to the performance of the U.S. dollar/euro exchange rate, according to a 424B2 filing with the Securities and Exchange Commission.

The currency return will be positive if the dollar appreciates relative to the euro.

If the currency return is positive or zero, the payout at maturity will be par plus 1.3 to 1.4 times the currency return. If the currency return is negative, investors will have one-to-one exposure to the decline.

The exact upside participation rate and maximum settlement amount will be set at pricing.

Goldman Sachs & Co. is the underwriter.

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