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Published on 7/30/2014 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $9.35 million callable step-up fixed-rate notes with 4% initial rate

New York, July 30 – Goldman Sachs Group, Inc. priced $9.35 million of callable step-up fixed-rate notes due July 30, 2034, according to a 424B2 filing with the Securities and Exchange Commission.

The coupon is 4% from July 30, 4.25% from July 30, 2022, 5% from July 30, 2027, 6% from July 30, 2032 and 8% from July 30, 2033.

The payout at maturity will be par.

The notes will be callable at par each Jan. 30, April 30, July 30 and Oct. 30 starting Jan. 30, 2015.

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

Issuer:Goldman Sachs Group, Inc.
Issue:Callable step-up fixed-rate notes
Amount:$9.35 million
Maturity:July 30, 2034
Coupon:4% from July 30; 4.25% from July 30, 2022; 5% from July 30, 2027; 6% from July 30, 2032; 8% from July 30, 2033
Price:Par
Payout at maturity:Par
Call option:At par each Jan. 30, April 30, July 30 and Oct. 30 starting Jan. 30, 2015
Pricing date:July 28
Settlement date:July 30
Underwriters:Goldman, Sachs & Co. and Incapital LLC
Fees:2.868%
Cusip:38147QDC7

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