Goldman Sachs plans to price equity-linked trigger notes tied to Deere

By Toni Weeks

San Diego, March 8 - Goldman Sachs Group, Inc. plans to price 0% equity-linked trigger notes due March 28, 2012 linked to the common stock of Deere & Co., according to a 424B2 filing with the Securities and Exchange Commission.

A trigger event occurs if the stock closes below 75% of its initial price on any day during the life of the notes.

If a trigger event occurs, the payout at maturity will be par plus the stock return, whether it is positive or negative. If a trigger event does not occur, the payout will be par plus the greater of the stock return and 11%.

In each case, the return will be capped at 20%.

The notes (Cusip: 38143USP7) are expected to price March 11 and settle March 16.

J.P. Morgan Securities LLC is the agent with Goldman Sachs & Co. as co-agent.

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