Goldman Sachs changes Cusip of range accrual notes linked to Russell

By Angela McDaniels

Tacoma, Wash., March 11 - Goldman Sachs Group, Inc. changed the Cusip number of its upcoming callable monthly range accrual notes due March 28, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The Cusip number is now 38141GQK3 instead of 38141GQF4.

Interest will accrue at an annualized rate for each day that the index closes at or above the trigger level, which will be 75% of the initial index level. The annualized rate will be 8% for the first 84 months and 9% for the final 36 months. Interest will be payable monthly.

The payout at maturity will be par unless the final index level is less than 65% of the initial index level, in which case investors will be fully exposed to the index's decline from its initial level.

Beginning March 28, 2014, the notes will be callable at par on any interest payment date.

Goldman Sachs & Co. is the underwriter.

The notes are expected to price March 25 and settle March 28.

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