Goldman Sachs to price currency-linked notes linked to Brazilian real

By Toni Weeks

San Luis Obispo, Calif., March 6 - Goldman Sachs Group, Inc. plans to price 0% currency-linked notes due March 24, 2014 linked to the Brazilian real relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

If the final spot rate is at least 90% of the initial spot rate, the payout at maturity will be par plus the greater of the currency return and the contingent minimum return of 7.75%, subject to a maximum payout of $2,000 per $1,000 principal amount of notes.

Otherwise, investors will be fully exposed to losses from the initial spot rate.

The notes (Cusip: 38141GPZ1) are expected to price March 8 and settle March 15.

Goldman Sachs & Co. will be the underwriter with J.P. Morgan Securities LLC as placement agent.

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