Goldman Sachs plans to price trigger notes linked to gold via JPMorgan

By Marisa Wong

Milwaukee, June 29 - Goldman Sachs Group, Inc. plans to price 0% commodity-linked trigger notes due Jan. 14, 2013 linked to the price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

If the gold return is positive, the payout at maturity will be par plus the gain, subject to a maximum return of 30%.

If gold stays at or above the trigger amount - 55% of the initial price - during the life of the notes and the gold return is between zero and negative 45%, the payout at maturity will be par.

If gold ever falls below the trigger amount and the gold return is negative, the payout will be par plus the gold return.

Goldman, Sachs & Co. is the underwriter with J.P. Morgan Securities Inc. as placement agent.

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