Goldman Sachs plans 18-month notes tied to Asian currencies vs. dollar

By Susanna Moon

Chicago, May 16 - Goldman Sachs Group, Inc. plans to price 0% currency-linked notes tied to a basket of three exchange rates, equally weighted, relative to the U.S. dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature 18 months after issue.

The underlying currencies are the Malaysian Ringgit, Indonesian Rupiah and Singapore Dollar.

The payout at maturity will be par plus 2.01 times any basket return.

Investors will receive par if the index falls by up to 5% and will lose 1.0526 for each 1% decline beyond 5%.

Goldman Sachs & Co. is the underwriter, and J.P. Morgan Securities LLC is the placement agent.

The Cusip is 38143UUV1.

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