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Published on 11/10/2011 in the Prospect News Structured Products Daily.

Goldman Sachs plans notes linked to four currencies versus dollar

By Angela McDaniels

Tacoma, Wash., Nov. 10 - Goldman Sachs Group, Inc. plans to price 0% currency-linked notes due Nov. 18, 2013 linked to the performance of a basket of currencies relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

The equally weighted basket includes the Chinese renminbi, the Mexican peso, the Indonesian rupiah and the Turkish lira.

If the basket return is positive, the payout at maturity will be par plus 2.15 times the basket return. Investors will be exposed to the decline if the basket return is negative, subject to a maximum loss of 5%.

The notes (Cusip: 38143UZV6) are expected to price Nov. 11 and settle Nov. 18.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as dealer.


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