By Susanna Moon
Chicago, May 30 - Goldman Sachs Group, Inc. priced $2.5 million of callable monthly range accrual notes due May 31, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The coupon will accrue at 8.1% for each day that the index closes above the 75% trigger level. Interest will be payable quarterly.
The payout at maturity will be par.
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: | S&P 500
|
| Amount: | $2.5 million
|
| Maturity: | May 31, 2027
|
| Coupon: | 8.1% annualized for each day that day index closes above trigger level, payable quarterly
|
| Price: | Par
|
| Payout at maturity: | Par
|
| Call option: | At par on any interest payment date beginning on May 31, 2013
|
| Initial index level: | 1,332.42
|
| Index trigger level: | 999.315, 75% of initial level
|
| Pricing date: | May 29
|
| Settlement date: | May 31
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 4.45%
|
| Cusip: | 38143UV40
|
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