Goldman Sachs to price capped index-linked trigger notes on S&P 500

By Marisa Wong

Madison, Wis., Dec. 4 - Goldman Sachs Group, Inc. plans to price 0% index-linked trigger notes due Dec. 26, 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 level falls by more than 20% on any day 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 at maturity will be par plus the greater of the index return and the contingent minimum return of 3.5%.

In either case, the maximum settlement amount is $1,150 per $1,000 principal amount.

Goldman Sachs & Co. is the underwriter, and J.P. Morgan Securities LLC is the placement agent.

The notes (Cusip: 38141GKG8) are expected to price Dec. 7 and settle on Dec. 12.

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