New Issue: Goldman Sachs prices $4.86 million callable step-up fixed-rate notes with 1.75% initial rate

New York, Oct. 2 – Goldman Sachs Group, Inc. priced $4.86 million of callable step-up fixed-rate notes due Oct. 5, 2020, according to a 424B2 filing with the Securities and Exchange Commission.

The coupon is 1.75% from Oct. 5, 2.5% from Oct. 5, 2017, 3% from Oct. 5, 2018 and 4.5% from Oct. 5, 2019.

The payout at maturity will be par.

The notes will be callable at par each Jan. 5, April 5, July 5 and Oct. 5 starting Oct. 5, 2016.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Callable step-up fixed-rate notes
Amount:	$4,855,000
Maturity:	Oct. 5, 2020
Coupon:	1.75% from Oct. 5; 2.5% from Oct. 5, 2017; 3% from Oct. 5, 2018; 4.5% from Oct. 5, 2019
Price:	Par
Payout at maturity:	par
Call option:	At par each Jan. 5, April 5, July 5 and Oct. 5 starting Oct. 5, 2016
Pricing date:	Sept. 30
Settlement date:	Oct. 5
Underwriters:	Goldman, Sachs & Co.
Fees:	0.8%
Cusip:	38148TFM6

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