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Published on 5/1/2013 in the Prospect News Structured Products Daily.

Goldman Sachs to price one-year trigger notes linked to S&P 500 index

By Susanna Moon

Chicago, May 1 - Goldman Sachs Group, Inc. plans to price 0% trigger notes due May 21, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index never closes below the 80% trigger level during the life of the notes, the payout at maturity will be par plus greater of 0% and any index gain up to a cap of $1,150 for each $1,000 principal amount.

Otherwise, the payout will be par plus the index return, with exposure to any losses and gains capped at 15%.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as agent.

The notes will price on May 3 and settle on May 8.

The Cusip number is 38141GTA2.


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