Goldman plans currency-linked notes on Brazilian real via JPMorgan

By Marisa Wong

Madison, Wis., Oct. 17 - Goldman Sachs Group, Inc. plans to price 0% currency-linked notes due Nov. 3, 2014 tied to the Brazilian real relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

If the currency return is positive and greater than 3%, the payout at maturity will be the maximum payout of $1,297.50 per $1,000 principal amount of notes.

If the currency return is positive but equal to or less than 3%, the payout will be $1,050 per $1,000 principal amount.

Investors will receive par if the currency return is zero or negative but not below negative 30% and will be fully exposed to losses if the currency return is less than negative 30%.

Goldman Sachs & Co. will be the underwriter with JPMorgan as placement agent.

The notes (Cusip: 38147QD29) will price Oct. 18 and settle Oct. 25.

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