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Published on 3/14/2013 in the Prospect News Structured Products Daily.

Goldman Sachs plans to price trigger notes linked to S&P 500 index

By Jennifer Chiou

New York, March 14 - Goldman Sachs Group, Inc. plans to price 0% trigger notes due April 2, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the closing index level is at or greater than 80% of the initial level during the life of the notes, the payout at maturity will be par plus the index return, subject to a minimum payment of par and a cap of 15%.

Otherwise, investors will receive par plus the index return, with exposure to losses and a capped return of 15%.

The notes (Cusip: 38141GQM9) are expected to price on March 15 and settle on March 20.

Goldman Sachs & Co. is the underwriter.


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