Goldman Sachs plans to price autocallable notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Oct. 27 - Goldman Sachs Group, Inc. plans to price 0% autocallable index-linked notes due Aug. 5, 2010 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Goldman, Sachs & Co. and J.P. Morgan Securities Inc. are the agents.

The notes will be automatically called at par plus 7% if the index closes at or above 107% of its initial index level on any Monday during the life of the notes.

If the notes are not called and the index closes below 78.5% of its initial level on any day during the life of the notes, the payout at maturity will be par plus the index return. Otherwise, the payout will be par plus the greater of 2% and the index return.

The notes will price Oct. 29 and settle Nov. 3.

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