New Issue: Goldman Sachs prices $4.95 million callable step-up fixed-rate notes with 3.1% initial rate

New York, March 28 – Goldman Sachs Group, Inc. priced $4.95 million of callable step-up fixed-rate notes due Sept. 28, 2025, according to a 424B2 filing with the Securities and Exchange Commission.

The coupon is 3.1% from March 28 and 4% from Sept. 28, 2020.

The payout at maturity will be par.

The notes will be callable at par each March 28, June 28, Sept. 28 and Dec. 28 starting March 28, 2020.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Callable step-up fixed-rate notes
Amount:	$4,952,000
Maturity:	Sept. 28, 2025
Coupon:	3.1% from March 28; 4% from Sept. 28, 2020
Price:	Par
Payout at maturity:	Par
Call option:	At par each March 28, June 28, Sept. 28 and Dec. 28 starting March 28, 2020
Pricing date:	March 26
Settlement date:	March 28
Underwriters:	Goldman, Sachs & Co.
Fees:	0.999%
Cusip:	38150ACH6

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