New Issue: Goldman sells $143 million index-linked trigger notes tied to S&P 500

By Toni Weeks

San Luis Obispo, Calif., March 12 - Goldman Sachs Group, Inc. priced $1.43 million of 0% index-linked trigger notes due March 19, 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 level falls by 5% or more on any day during the observation period, which is each trading date beginning the day after pricing and up to and including June 10.

If the index return is zero or positive and a trigger event has occurred, the payout at maturity will be $1,158.00 per $1,000 principal amount.

If the index return is zero or positive and a trigger event has not occurred, the payout will be $1,079 per $1,000 of notes.

If the index return is negative, investors will be fully exposed to the index decline.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Index-linked trigger notes
Underlying index:	S&P 500
Amount:	$1,425,000
Maturity:	March 19, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If index falls by 5% or more on any day between March 9 and June 10, inclusive, and index return is zero or positive, $1,158 per $1,000 principal amount; if index never falls to or below 95% trigger level during the observation period and index return is zero or positive, $1,079 per $1,000 of notes; full exposure to any losses
Initial index level:	1,551.18
Trigger level:	95% of initial level
Pricing date:	March 8
Settlement date:	March 13
Underwriter:	Goldman Sachs & Co.
Fees:	1.1%
Cusip:	38141GPY4

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