New Issue: Goldman prices $3 million trigger notes with no cap linked to S&P 500

By Susanna Moon

Chicago, Nov. 22 - Goldman Sachs Group, Inc. priced $3 million of 0% index-linked trigger notes due May 28, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

A trigger event occurs if the index closes below 61% of the initial level during the life of the notes.

If a trigger event does not occur, the payout will be par plus the greater of the index return and zero.

Otherwise, the payout at maturity will be par plus the index return, with exposure to losses.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as dealder.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Index-linked trigger notes
Underlying index:	S&P 500
Amount:	$2,995,000
Maturity:	May 28, 2013
Coupon:	0%
Price:	Variable prices
Payout at maturity:	If index ever falls by more than 39%, par plus index return with exposure to losses; otherwise, par plus any gain, floor of par
Initial index level:	1,215.65
Pricing date:	Nov. 18
Settlement date:	Nov. 23
Underwriter:	Goldman Sachs & Co., J.P. Morgan Securities LLC (dealer)
Fees:	1.4%
Cusip:	38143UZZ7

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