Goldman Sachs plans contingent payment trigger notes linked to S&P 500 and Russell 2000

By E. Janene Geiss

Philadelphia, June 27 - Goldman Sachs Group, Inc. plans to price 0% contingent payment trigger notes linked to the S&P 500 and Russell 2000 indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature in between 9 and 10 months.

If the indexes stay within the range throughout the life of the notes, the payout at maturity will be 107.5% of par.

The lower limit will be between 83% and 86% of the initial level; the upper limit will be between 115% and 117% of the initial level. Both will be set at pricing.

If either index is ever outside the range, the payout will be par.

Goldman, Sachs & Co. is the underwriter.

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