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Goldman Sachs plans to price trigger notes linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Feb. 12 - Goldman Sachs Group, Inc. plans to price 0% index-linked trigger notes due Aug. 20, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than or equal to 80% of the initial index level, the payout at maturity will be par plus the greater of 7% and the index return.
If the final index level is less than 80% of the initial index level, investors will be fully exposed to the index's decline from its initial level.
Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as agent.
The notes are expected to price Feb. 15 and settle Feb. 21.
The Cusip number is 38141GNX8.
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