New Issue: Goldman Sachs prices $30 million callable step-up fixed-rate notes with 2% initial rate

New York, Nov. 29 - Goldman Sachs Group, Inc. priced $30 million of callable step-up fixed-rate notes due May 30, 2020, according to a 424B2 filing with the Securities and Exchange Commission.

The coupon is 2% from Nov. 30, 2.5% from Nov. 30, 2015, 2.75% from Nov. 30, 2016, 4% from Nov. 30, 2017, 6% from Nov. 30, 2018 and 7% from Nov. 30, 2019.

The payout at maturity will be par.

The notes will be callable at par each Feb. and each May 30, Aug. 30 and Nov. 30 starting May 30, 2013.

Goldman, Sachs & Co. and Incapital LLC are the underwriters.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Callable step-up fixed-rate notes
Amount:	$30 million
Maturity:	May 30, 2020
Coupon:	2% from Nov. 30; 2.5% from Nov. 30, 2015; 2.75% from Nov. 30, 2016; 4% from Nov. 30, 2017; 6% from Nov. 30, 2018; 7% from Nov. 30, 2019
Price:	Par
Payout at maturity:	par
Call option:	At par each Feb. and each May 30, Aug. 30 and Nov. 30 starting May 30, 2013
Pricing date:	Nov. 27
Settlement date:	Nov. 30
Underwriters:	Goldman, Sachs & Co. and Incapital LLC
Fees:	1.888%
Cusip:	38141GJP0

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