Goldman plans callable monthly range accrual notes on Russell 2000

By Marisa Wong

Madison, Wis., Feb. 3 – Goldman Sachs Group, Inc. plans to price callable monthly Russell 2000 index-linked range accrual notes due Feb. 27, 2025, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will accrue at 4.25% for each day that the index closes at or above the 75% coupon barrier level. Interest is payable monthly.

The notes will be callable at par on any interest payment date beginning on Feb. 27, 2016.

The payout at maturity will be par.

Goldman Sachs & Co. is the agent.

The notes are expected to settle on Feb. 27.

The Cusip number is 38147QTM8.

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