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Published on 7/14/2009 in the Prospect News Structured Products Daily.

Goldman Sachs to sell 95% protected notes linked to BRIC currencies

By Susanna Moon

Chicago, July 14 - Goldman Sachs Group, Inc. plans to price 24-month 0% notes linked to the performance of a basket of four equally weighted currencies relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying currencies are the Brazilian real, Russian ruble, Indian rupee and Chinese renminbi.

The payout at maturity will be par of $950 plus at least 2.9 times any gain in the basket, up to a maximum return of at least $1,385 per $1,000 note. The exact participation factor and cap will be set at pricing.

Investors will receive at least $950 per note.

Goldman, Sachs & Co. is the underwriter.


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