Goldman Sachs to price 18-month trigger notes linked to S&P 500 index

By Angela McDaniels

Tacoma, Wash., March 22 - Goldman Sachs Group, Inc. plans to price 0% index-linked trigger notes due Sept. 28, 2012 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

A trigger event occurs if the index's closing level falls by more than 30.1% during the life of the notes.

If a trigger event occurs, the payout at maturity will be par plus the index return, which could be positive or negative. If a trigger event does not occur, the payout will be par plus the index return, subject to a floor of par.

The notes (Cusip: 38143UTE1) 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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