By Angela McDaniels
Tacoma, Wash., March 18 - Goldman Sachs Group, Inc. priced $4 million of callable step-up fixed-rate notes due March 19, 2019, according to a 424B2 filing with the Securities and Exchange Commission.
The interest rate is 2% in years one through three and 3.3% in years four and five. Interest is payable semiannually.
The payout at maturity will be par.
The notes will be callable at par quarterly beginning Sept. 19, 2014.
Goldman Sachs & Co. and Incapital LLC are the underwriters.
Issuer: | Goldman Sachs Group, Inc.
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Issue: | Callable step-up fixed-rate notes
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Amount: | $4 million
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Maturity: | March 19, 2019
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Coupon: | 2% in years one through three and 3.3% in years four and five; payable semiannually
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Price: | Par
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Payout at maturity: | Par
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Call option: | At par quarterly beginning Sept. 19, 2014
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Pricing date: | March 14
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Settlement date: | March 19
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Underwriters: | Goldman Sachs & Co. and Incapital LLC
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Fees: | 0.962%
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Cusip: | 38147QTK2
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