New Issue: Goldman prices $2.3 million callable range accrual notes on S&P 500

By Jennifer Chiou

New York, Feb. 14 - Goldman Sachs Group, Inc. priced $2,301,000 of callable quarterly index-linked range accrual notes due Feb. 15, 2027 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will accrue at 7.5% per year multiplied by the proportion of days on which the index closes above 76.12% of the initial level. Interest is payable quarterly.

The payout at maturity will be par.

After one year, 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 quarterly index-linked range accrual notes
Underlying index:	S&P 500
Amount:	$2,301,000
Maturity:	Feb. 15, 2027
Coupon:	7.5% per year multiplied by proportion of days on which S&P 500 is above 76.12% of initial level; payable quarterly
Price:	Par
Payout at maturity:	Par
Call option:	At par on any interest payment date beginning on Feb. 15, 2013
Initial index level:	1,342.64
Index trigger level:	1,022.018, 76.12% of initial level
Pricing date:	Feb. 10
Settlement date:	Feb. 15
Agent:	Goldman Sachs & Co.
Fees:	3.55%
Cusip:	38143UR29

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