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Published on 10/6/2014 in the Prospect News Structured Products Daily.

Goldman Sachs plans to price notes linked to dollar versus euro

By Angela McDaniels

Tacoma, Wash., Oct. 6 – Goldman Sachs Group, Inc. plans to price 0% notes linked to the performance of the dollar relative to the euro, according to a 424B2 filing with the Securities and Exchange Commission.

The tenor of the notes is expected to be 14 to 16 months.

The currency return will be positive if the dollar appreciates relative to the euro.

The payout at maturity will be par plus the currency return. The notes are not principal protected, so investors will receive less than par if that currency return is negative.

Goldman Sachs & Co. is the underwriter.


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