Goldman Sachs plans notes due 2013 with 77% trigger linked to S&P 500

By Susanna Moon

Chicago, July 3 - Goldman Sachs Group, Inc. plans to price 0% index-linked trigger notes due July 24, 2013 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index never closes below the 77% trigger level during the life of the notes, the payout at maturity will be par plus the contingent return of 10%.

Otherwise, investors will be exposed to any losses and any gains will be capped at 10%.

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

The notes will price on July 6 and settle on July 11.

The Cusip number is 38143U4Q1.

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