New Issue: Goldman prices $700,000 callable monthly range accrual notes on Euro Stoxx 50

By Susanna Moon

Chicago, July 31 - Goldman Sachs Group, Inc. priced $700,000 of callable monthly Euro Stoxx 50 index-linked range accrual notes due July 31, 2028, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will accrue at an annualized rate for each day that the index closes at or above 75% coupon barrier level. The rate will be 8% for the first 60 monthly interest payment dates, stepping up to 10% for the next 60 dates and to 12% for the final 60 interest payment dates. Interest is payable monthly.

The payout at maturity will be par if index finishes at or above the 50% trigger level.

Otherwise, investors will be fully exposed to any losses.

The notes will be callable at par on any interest payment date after one year.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Callable monthly range accrual notes
Underlying index:	Euro Stoxx 50
Amount:	$700,000
Maturity:	July 31, 2028
Coupon:	For each day that index closes above trigger level, accrual at 8% for first 60 monthly interest payment dates, stepping up to 10% for next 60 dates and to 12% for final 60 interest payment dates; payable monthly
Price:	Par
Payout at maturity:	Par if finishes at or above trigger level; otherwise, full exposure to any losses
Call option:	At par on any interest payment date beginning July 31, 2014
Initial level:	2,741.73
Coupon barrier level:	2,056.2975, 75% of initial level
Trigger level:	50% of initial level
Pricing date:	July 29
Settlement date:	July 31
Underwriter:	Goldman Sachs & Co.
Fees:	4.55%
Cusip:	38147QFJ0

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