Goldman plans trigger performance securities on S&P 500 index

By Jennifer Chiou

New York, Jan. 13 - Goldman Sachs Group, Inc. plans to price 0% trigger performance securities due Jan. 31, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 105% to 115% of the index return. The exact participation rate will be set at pricing.

Investors will receive par if the index falls by up to 40% and will be fully exposed to losses from the initial level if the index falls by more than 40%.

The notes (Cusip: 38147V576) are expected to price on Jan. 28 and settle on Jan. 31.

Goldman, Sachs & Co. is the agent.

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