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Published on 7/16/2012 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $835,000 leveraged notes due 2014 tied to renminbi

By Jennifer Chiou

New York, July 16 - Goldman Sachs Group, Inc. priced $2.1 million of 0% leveraged currency-linked notes due July 21, 2014 tied to the Chinese renminbi against the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will par plus 2.35 times any currency gain.

If the currency falls, the payout will be par.

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

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged currency-linked notes
Underlying currency:Chinese renminbi against the dollar
Amount:$2.1 million
Maturity:July 21, 2014
Coupon:0%
Price:Par
Payout at maturity:Par plus 235% of any currency gain, floor of par
Initial exchange rate:6.3215
Pricing date:July 12
Settlement date:July 19
Underwriter:Goldman, Sachs & Co. with JPMorgan (as placement agent)
Fees:1.175%
Cusip:38143U4T5

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