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Published on 11/8/2012 in the Prospect News Structured Products Daily.

Goldman plans currency-linked notes on Polish zloty via JPMorgan

By Jennifer Chiou

New York, Nov. 8 - Goldman Sachs Group, Inc. plans to price 0% currency-linked notes due Nov. 25, 2013 tied to the Polish zloty relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

If the currency return is greater than or equal to negative 13.15%, the payout at maturity will be par plus the maximum settlement amount of 10%.

Otherwise, investors will share fully in losses.

The return is positive if the zloty strengthens relative to the dollar.

The notes (Cusip: 38141GHN7) are expected to price on Nov. 9 and settle on Nov. 16.

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


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