Goldman Sachs plans absolute return trigger notes linked to S&P 500

By Jennifer Chiou

New York, March 9 - The Goldman Sachs Group Inc. plans to price 0% absolute return trigger notes due 2008 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

At maturity, investors will receive a 1% positive return for every 1% increase or decrease in the index, as long as the index trades within the index range during the life of the notes.

The index range will be between 78% and 81% of the initial level for the lower limit and between 119% and 122% for the upper limit.

If the index closes outside of the index range, investors will receive par.

The notes will price in March.

Goldman, Sachs & Co. is the agent.

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