Goldman plans notes due 2016 linked to Mexican peso vs. euro

By Jennifer Chiou

New York, Dec. 16 – Goldman Sachs Group, Inc. plans to price 0% currency-linked notes due Dec. 27, 2016 linked to the Mexican peso relative to the euro, according to a 424B2 filing with the Securities and Exchange Commission.

If the currency return is positive or zero, the payout at maturity will be par plus the return, which will be capped at $2,000 per $1,000 face amount.

If the return is negative but not less than negative 55%, the payout will be par.

Investors will share in losses if the currency return is less than negative 55%.

The notes (Cusip: 38147QQH2) will price on Dec. 17 and settle on Dec. 24.

Goldman Sachs & Co. is the agent.

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