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Published on 2/26/2014 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $525,000 notes linked to Mexican peso vs. yen

By Susanna Moon

Chicago, Feb. 26 - Goldman Sachs Group, Inc. priced $525,000 of 0% currency-linked notes due Feb. 29, 2016 linked to the Mexican peso relative to the Japanese yen, according to a 424B2 filing with the Securities and Exchange Commission.

If the currency finishes at or above the 85% trigger level, the payout at maturity will be $1,175.50 per $1,000 principal amount.

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 Japanese yen
Amount:$525,000
Maturity:Feb. 29, 2016
Coupon:0%
Price:Par of $1,000
Payout at maturity:If currency finishes at or above trigger level, 17.55%; otherwise, full exposure to any losses
Initial spot rate:0.12923
Trigger level:85% of initial level
Pricing date:Feb. 21
Settlement date:Feb. 28
Underwriters:Goldman Sachs & Co.
Fees:1.675%
Cusip:38147QQK5

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