Goldman Sachs plans to price leveraged notes linked to S&P 500 index

By Angela McDaniels

Tacoma, Wash., March 22 - Goldman Sachs Group, Inc. plans to price 0% leveraged index-linked notes due April 10, 2012 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus double the index return, subject to a maximum settlement amount of $1,184.80 per $1,000 principal amount of notes. If the index return is negative, investors will be fully exposed to the decline.

The index's final level will be the average of its closing levels on the five trading days ending April 5, 2012.

The notes (Cusip: 38143UTF8) will price March 25 and settle March 30.

J.P. Morgan Securities LLC is the lead agent with Goldman Sachs & Co. as co-agent.

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