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

By Marisa Wong

Madison, Wis., Feb. 12 - Goldman Sachs Group, Inc. plans to price 0% index-linked trigger notes due Aug. 2, 2014 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 falls below 75% of the initial index level on any day 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 0%.

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

The notes (Cusip: 38141GNV2) are expected to price Feb. 15 and settle on Feb. 21.

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