Goldman plans to price trigger notes due 2016 linked to S&P 500

By Jennifer Chiou

New York, Sept. 18 – Goldman Sachs Group, Inc. plans to price trigger notes due March 23, 2016 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 79.9% barrier level during the life of the notes and finishes at or above the barrier level, the payout at maturity will be par plus the greater of any gain and 0%.

Otherwise, investors will be fully exposed to any losses.

The notes (Cusip: 38147QH90) will price on Sept. 19 and settle on Sept. 24.

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

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