New Issue: Goldman prices $7.65 million callable range accrual notes linked to S&P 500

By Susanna Moon

Chicago, May 29 - Goldman Sachs Group, Inc. priced $7.65 million of callable monthly range accrual notes due May 30, 2028 linked to S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will accrue at 5.5% for each day that the index closes at or above the 75% trigger level. Interest will be payable monthly.

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:	$7,651,000
Maturity:	May 30, 2028
Coupon:	5.5% annualized per day that index closes at or above coupon barrier, payable monthly
Price:	Par
Payout at maturity:	Par
Call option:	At par on any interest payment date beginning May 30, 2014
Initial index level:	1,649.60
Trigger level:	1,237.20, 75% of initial level
Pricing date:	May 24
Settlement date:	May 30
Underwriter:	Goldman Sachs & Co.
Fees:	3.93%
Cusip:	38141GTM6

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