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Goldman to price currency-linked notes tied to Australian dollar
By Jennifer Chiou
New York, Aug. 13 - Goldman Sachs Group, Inc. plans to price 0% currency-linked notes due Aug. 30, 2013 tied to the Australian dollar relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.
If the currency return is at or above 90% of the initial level, the payout at maturity will be par plus the greater of 6.1% and the currency return.
Otherwise, investors will share in any losses.
The notes (Cusip: 38143U6H9) will price on Aug. 17 and settle on Aug. 24.
Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as the placement agent.
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