Goldman Sachs to price autocallable index-linked notes tied to Euro Stoxx 50 via JPMorgan

By E. Janene Geiss

Philadelphia, Nov. 23 - Goldman Sachs Group, Inc. plans to price 0% autocallable index-linked notes due Sept. 7, 2010 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

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

If on any of the weekly observation days the index has increased by 7% or more than its initial level, the notes will be automatically called at a payout of $1,070.00 per note.

If the index declines by more than 20% on any trading day and the notes haven't been called, the payout will be par plus the index performance, capped at 7%.

If the knock-out level is not hit, investors will receive par plus the index performance at maturity, with a floor of 6%, or $1,060, and a cap of 7%, or $1,070.

Investors will face losses if there is a knock-out event or the index decreases from its initial level.

The notes will price on Nov. 26 and settle on Dec. 1.

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