Goldman plans index-linked trigger notes due 2013 tied to S&P 500

By Marisa Wong

Madison, Wis., Jan. 4 - Goldman Sachs Group, Inc. plans to price 0% index-linked trigger notes due Jan. 24, 2013 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 falls by more than 20% during the life of the notes.

If a trigger event occurs, the payout at maturity will be par plus the index return, with exposure to any losses.

If a trigger event does not occur, the payout at maturity will be par plus any index gain, with a contingent minimum return of 8%.

In either case, the return will be capped at 20%.

Goldman Sachs & Co. is the underwriter with JPMorgan as placement agent.

The notes (Cusip: 38143UM24) will price on Jan. 6 and settle on Jan. 11.

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