New Issue: Goldman prices $1 million callable monthly range accrual notes on Euro Stoxx

By Jennifer Chiou

New York, June 27 - Goldman Sachs Group, Inc. priced $1,004,000 of callable monthly S&P 500 index-linked range accrual notes due June 28, 2028, according to a 424B2 filing with the Securities and Exchange Commission.

The interest rate will be 8.25% multiplied by the proportion of days on which the index closes at or above 75% of the initial index level. Interest is payable monthly.

The payout at maturity will be par if the final index level is at or above 50% of the initial level. Otherwise, investors will share in any losses.

The notes will be callable at par on any interest payment date beginning on June 28, 2014.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Callable monthly range accrual notes
Underlying index:	S&P 500
Amount:	$1,004,000
Maturity:	June 28, 2028
Coupon:	8.25% multiplied by the proportion of days on which the index closes at or above barrier level; payable monthly
Price:	Par
Payout at maturity:	Par if the final index level is at or above 50% of the initial level; otherwise, exposure to losses
Call:	Automatically at par on any interest payment date beginning on June 28, 2014
Initial index level:	1,588.03
Barrier level:	1,191.0225, 75% of initial level
Pricing date:	June 25
Settlement date:	June 28
Underwriter:	Goldman Sachs & Co.
Fees:	4.55%
Cusip:	38147QBW5

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