New Issue: Goldman Sachs prices $655,000 range accrual notes linked to Russell 2000, Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Oct. 31 – Goldman Sachs Group, Inc. priced $655,000 of callable monthly range accrual notes due Oct. 31, 2029 linked to the Russell 2000 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The interest rate is 6.5% per year multiplied by the proportion of days on which each index’s closing level is greater than or equal to its trigger level, 75% of its initial level. Interest is payable monthly.

The payout at maturity will be par.

Beginning Oct. 31, 2015, the notes will be callable at par on any interest payment date.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Callable monthly range accrual notes
Underlying indexes:	Russell 2000 and Euro Stoxx 50
Amount:	$655,000
Maturity:	Oct. 31, 2029
Coupon:	6.5% per year multiplied by proportion of days on which each index’s closing level is greater than or equal to trigger level level; payable monthly
Price:	Par
Payout at maturity:	Par
Call option:	At par on any interest payment date from Oct. 31, 2015 onward
Initial index levels:	1,146.369 for Russell 2000 and 3,022.42 for Euro Stoxx 50
Trigger levels:	859.77675 for Russell 2000 and 2,266.815 for Euro Stoxx 50, 75% of initial levels
Pricing date:	Oct. 29
Settlement date:	Oct. 31
Underwriter:	Goldman Sachs & Co.
Fees:	4.3%
Cusip:	38147QK96

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