Goldman plans 0% trigger notes tied to iShares MSCI Brazil fund

By Toni Weeks

San Diego, March 1 - Goldman Sachs Group, Inc. plans to price 0% index fund-linked trigger notes due Sept. 7, 2012 tied to the iShares MSCI Brazil index fund, according to a 424B2 filing with the Securities and Exchange Commission.

A trigger event occurs if the fund falls by more than 25% during the life of the notes.

If a trigger event does not occur, the payout will be par plus any fund gain, up to a maximum settlement amount of $1,350 per $1,000 principal amount of notes. Investors will receive at least 16.5%.

If a trigger event occurs, the payout at maturity will be par plus the fund gain, with exposure to any losses. Any gains will also be capped at 35%.

The notes (Cusip: 38143USF9) will settle on March 4.

Goldman, Sachs & Co. is the underwriter.

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