Goldman Sachs plans trigger notes due 2015 linked to S&P 500

By Marisa Wong

Madison, Wis., June 11 – Goldman Sachs Group, Inc. plans to price 0% trigger notes due Dec. 16, 2015 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above the 80.25% trigger level on every trading day during the life of the notes and finishes at or above the trigger level, the payout at maturity will be par plus any index gain, with a minimum payout of par.

Otherwise, the payout at maturity will be par plus the index return with exposure to any losses.

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

The notes are expected to price on June 13 and settle on June 18.

The Cusip number is 38147QAU0.

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