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Published on 11/19/2013 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs sells $2.46 million notes due 2015 linked to Mexican peso

By Marisa Wong

Madison, Wis., Nov. 19 - Goldman Sachs Group, Inc. priced $2.46 million of 0% currency-linked notes due May 22, 2015 linked to the performance of 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 90% trigger level, the payout at maturity will be par of $1,000 plus the greater of the return and $131.

Otherwise, investors will be fully exposed to any losses.

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:$2.46 million
Maturity:May 22, 2015
Coupon:0%
Price:Par of $1,000
Payout at maturity:If currency finishes at or above 90% trigger level, par plus greater of return and 13.1%; otherwise, full exposure to any losses
Initial spot rate:12.95775
Pricing date:Nov. 15
Settlement date:Nov. 22
Underwriter:Goldman Sachs & Co. with JPMorgan as placement agent
Fees:1.4%
Cusip:38147QT63

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