Goldman Sachs plans 0% one-year notes with 80% trigger linked to gold

By Susanna Moon

Chicago, Oct. 7 - Goldman Sachs Group, Inc. plans to price 0% commodity-linked notes due Oct. 22, 2012 linked to the price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the price of gold, up to a maximum settlement amount of $1,352.50 for each $1,000 principal amount.

Investors will receive par if the gold price falls by up to 20% and will be exposed to losses from the initial level if the price of gold drops more than 20%.

Goldman Sachs & Co. and J.P. Morgan Securities LLC are the agents.

The notes will price on Oct. 15 and settle on Oct. 17.

The Cusip number is 38143UYC9.

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