Goldman changes dates for range accrual notes linked to three indexes

By Angela McDaniels

Tacoma, Wash., April 8 - Goldman Sachs Group, Inc. pushed back the pricing of its autocallable monthly index-linked range accrual notes linked to the Russell 2000 index, the Euro Stoxx 50 index and the Taiwan Taiex index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are now expected to price April 17, settle April 22 and mature April 26, 2023. They were previously expected to price April 12, settle April 17 and mature April 24, 2023.

The interest rate will be 10% per year multiplied by the proportion of days on which all three indexes' closing levels are at least 70% of their respective initial levels. Interest will be payable monthly.

If the return of each index is greater than or equal to negative 50%, the payout at maturity will be par. Otherwise, investors will be fully exposed to the decline of the worst-performing index from its initial level.

Beginning in April 2015, the notes will be automatically called at par if the closing level of each index is greater than or equal to its initial index level on any monthly observation date.

Goldman Sachs & Co. is the underwriter.

The Cusip number is 38141GRK2.

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