Goldman to price notes due 2017 linked to four currencies vs. euro

By Jennifer Chiou

New York, May 22 - Goldman Sachs Group, Inc. plans to price 0% currency-linked notes due June 2, 2017 tied to a basket of four equally weighted currencies, each relative to the euro, according to a 424B2 filing with the Securities and Exchange Commission.

The basket components are the Indian rupee, Indonesian rupiah, Turkish lira and South African rand.

The payout at maturity will be 2.51 times any gain, up to a maximum payout of $3,510 per $1,000 principal amount.

If the basket falls, the payout will be par.

The notes (Cusip: 38147Q6R2) are expected to price on May 23 and settle on June 2.

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

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