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Published on 9/6/2012 in the Prospect News Structured Products Daily.

Goldman plans one-year notes with 85% trigger linked to Brazilian real

By Susanna Moon

Chicago, Sept. 6 - Goldman Sachs Group, Inc. plans to price 0% currency-linked notes due Sept. 23, 2013 linked to the Brazilian real relative to the dollar, 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 par plus the greater of the return and the contingent minimum return of 8.35%.

Otherwise, investors will be fully exposed to any losses.

The maximum payment will be $2,000 per $1,000 of notes.

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

The notes will price on Sept. 7 and settle on Sept. 14.

The Cusip number is 38143U7A3.


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