New Issue: Goldman prices $2.44 million callable monthly range accrual notes on Euro Stoxx 50

By Marisa Wong

Madison, Wis., Sept. 25 - Goldman Sachs Group, Inc. priced $2.44 million of callable monthly Euro Stoxx 50 index-linked range accrual notes due Sept. 26, 2028, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will accrue at an annualized rate of 8.5% for each day that the index closes at or above the 72.5% coupon barrier level. 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:	$2,436,000
Maturity:	Sept. 26, 2028
Coupon:	8.5% per year for each day that index closes above barrier level, payable monthly
Price:	Par
Payout at maturity:	Par if index finishes at or above trigger level; otherwise, full exposure to any losses
Call option:	At par on any interest payment date beginning Sept. 26, 2014
Initial level:	2,906.35
Coupon barrier level:	2,107.10375, 72.5% of initial level
Trigger level:	50% of initial level
Pricing date:	Sept. 23
Settlement date:	Sept. 26
Underwriter:	Goldman Sachs & Co.
Fees:	4.35%
Cusip:	38147QUA2

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