Goldman to price index-linked trigger notes tied to S&P 500 index

By Marisa Wong

Madison, Wis., Sept. 7 - Goldman Sachs Group, Inc. plans to price 0% index-linked trigger notes due Sept. 26, 2012 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

A trigger event will occur if the index level falls by more than 20% during the life of the notes.

If a trigger event occurs, the payout at maturity will be par plus the index return, which could be positive or negative.

If a trigger event does not occur, the payout at maturity will be par plus the greater of the index return and the 13.5% contingent minimum return.

In either case, the return cap is 20%.

The notes (Cusip: 38143UD24) are expected to price on Sept. 9 and settle on Sept. 14.

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

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