Obligation Goldman Sachs 15% ( US38147Q5D44 ) en USD

Goldman Sachs

100 % ⇌

Etas-Unis

US38147Q5D44 ( en USD )

15% par an ( paiement semestriel )

29/05/2029

Prospectus brochure de l'obligation Goldman Sachs US38147Q5D44 en USD 15%, échéance 29/05/2029

1 000 USD

1 000 000 USD

38147Q5D4

N/A

NR

29/05/2025 ( Dans 95 jours )

Goldman Sachs est une banque d'investissement multinationale américaine offrant des services financiers tels que la banque d'investissement, la gestion d'actifs, la gestion de patrimoine et la vente et négociation de titres.

Goldman Sachs a émis une obligation (US38147Q5D44 / 38147Q5D4) d'une valeur totale de 1 000 000 USD, avec un prix actuel de marché de 100%, un taux d'intérêt de 15%, une maturité fixée au 29/05/2029, une taille minimale d'achat de 1 000 USD, une fréquence de paiement semestrielle, non notée par Moody's, libellée en USD et émise aux États-Unis.

http://www.sec.gov/Archives/edgar/data/886982/000110465914042044/...
424B2 1 a14-11737_1424b2.htm PROSPECTUS SUPPLEMENT NO. 2876 DATED MAY 23, 2014
Table of Contents

Filed Pursuant to Rule 424(b)(2)
Registration Statement No. 333-176914

$1,000,000

Callable Monthly EURO STOXX 50® Index-Linked Range Accrual Notes due 2029

Subject to our redemption right described below, interest, if any, on your notes wil be paid monthly on the 29th day of
each month, commencing on the first interest payment date (June 29, 2014) and ending on the stated maturity date
(May 29, 2029). On the first 3 monthly interest payment dates, you wil be paid interest at a fixed rate of 15.00% per
annum. After the first 3 monthly interest payment dates, the amount of interest that you wil be paid each month wil be
based on the number of scheduled trading days, each a "reference date", on which the closing level of the EURO STOXX
50 In
®
dex is greater than or equal to the initial index level of 3,203.28. To determine your annualized interest rate with
respect to each interest payment date after the first 3 monthly interest payment dates, we wil (i) divide the number of
reference dates in the immediately preceding interest period on which the above condition is met by the total number of
reference dates in that interest period and (i ) multiply the resulting fraction by 15.00%. Your monthly interest payment for
each $1,000 face amount of your notes wil equal the product of the annualized interest rate times $1,000 times an
accrued interest factor determined in accordance with the 30/360 (ISDA) day count convention. After the first 3 monthly
interest payment dates, unless the above condition is met on each reference date in a monthly interest period,
the interest rate with respect to the next interest payment date will be less than 15.00% per annum, and if it is
never met, the interest rate with respect to such interest payment date will be 0%.

We may redeem your notes at 100% of their face amount plus any accrued and unpaid interest on any monthly interest
payment date on or after August 29, 2014.

If we do not redeem your notes, the amount that you wil be paid on your notes on the stated maturity date, in addition to
any accrued and unpaid interest, is based on the performance of the index as measured from the trade date (May 23,
2014) to and including the determination date (May 15, 2029). If the final index level on the determination date is greater
than or equal to 50.00% of the initial index level, you wil receive the face amount of your notes. If the final index level is
less than 50.00% of the initial index level, the amount you receive will depend on the index return but will be less
than the face amount of your notes, as described below. You will not benefit from any increase in the final index
level above the initial index level, and you could lose your entire investment in the notes if the final index level is
zero.

To determine your payment at maturity, excluding any interest payment, we wil calculate the index return, which is the
percentage increase or decrease in the final index level from the initial index level. On the stated maturity date, for each
$1,000 face amount of your notes, you wil receive an amount in cash equal to:

·
if the index return is greater than or equal to -50.00% (the final index level is greater than or equal to 50.00% of

the initial index level), $1,000; or

·
if the index return is less than -50.00% (the final index level is less than 50.00% of the initial index level), the sum

of (i) $1,000 plus (ii) the product of (a) the index return times (b) $1,000.

Your investment in the notes involves certain risks, including, among other things, our credit risk. See
page S-11.

You should read the additional disclosure herein so that you may better understand the terms and risks of your investment.

The estimated value of your notes at the time the terms of your notes were set on the trade date (as determined
by reference to pricing models used by Goldman, Sachs & Co. (GS&Co.) and taking into account our credit
spreads) was equal to approximately $885 per $1,000 face amount, which is less than the original issue price.
The value of your notes at any time will reflect many factors and cannot be predicted; however, the price (not
including GS&Co.'s customary bid and ask spreads) at which GS&Co. would initially buy or sell notes (if it
makes a market, which it is not obligated to do) and the value that GS&Co. will initially use for account
statements and otherwise equals approximately $954 per $1,000 face amount, which exceeds the estimated value
of your notes as determined by reference to these models. The amount of the excess will decline on a straight
1 of 59
5/29/2014 10:35 AM

http://www.sec.gov/Archives/edgar/data/886982/000110465914042044/...
line basis over the period from the trade date through August 29, 2014.

Original issue date:
May 29, 2014
Original issue price:
100.00% of the face amount

Underwriting discount:
4.65% of the face amount
Net proceeds to the issuer:
95.35% of the face amount

Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of
these securities or passed upon the accuracy or adequacy of this prospectus supplement, the accompanying
prospectus supplement or the accompanying prospectus. Any representation to the contrary is a criminal
offense. The notes are not bank deposits and are not insured by the Federal Deposit Insurance Corporation or
any other governmental agency, nor are they obligations of, or guaranteed by, a bank.

Goldman, Sachs & Co.

Prospectus Supplement No. 2876 dated May 23, 2014.

2 of 59
5/29/2014 10:35 AM

http://www.sec.gov/Archives/edgar/data/886982/000110465914042044/...
Table of Contents

The issue price, underwriting discount and net proceeds listed above relate to the notes we sel initial y. We may decide to
sel additional notes after the date of this prospectus supplement, at issue prices and with underwriting discounts and net
proceeds that differ from the amounts set forth above. The return (whether positive or negative) on your investment in
notes will depend in part on the issue price you pay for such notes.

Goldman Sachs may use this prospectus supplement in the initial sale of the notes. In addition, Goldman, Sachs & Co. or
any other affiliate of Goldman Sachs may use this prospectus supplement in a market-making transaction in a note after
its initial sale. Unless Goldman Sachs or its agent informs the purchaser otherwise in the confirmation of sale,
this prospectus supplement is being used in a market-making transaction.

About Your Notes

The notes are part of the Medium-Term Notes, Series D program of The Goldman Sachs Group, Inc. This prospectus
supplement constitutes a supplement to the documents listed below and should be read in conjunction with such
documents:

·
Prospectus supplement dated September 19, 2011

·
Prospectus dated September 19, 2011

The information in this prospectus supplement supersedes any conflicting information in the documents listed above. In
addition, some of the terms or features described in the listed documents may not apply to your notes.

3 of 59
5/29/2014 10:35 AM

http://www.sec.gov/Archives/edgar/data/886982/000110465914042044/...
Table of Contents

4 of 59
5/29/2014 10:35 AM

http://www.sec.gov/Archives/edgar/data/886982/000110465914042044/...

S-2
5 of 59
5/29/2014 10:35 AM

http://www.sec.gov/Archives/edgar/data/886982/000110465914042044/...
Table of Contents

6 of 59
5/29/2014 10:35 AM

http://www.sec.gov/Archives/edgar/data/886982/000110465914042044/...
S-3
7 of 59
5/29/2014 10:35 AM

http://www.sec.gov/Archives/edgar/data/886982/000110465914042044/...
Table of Contents

SUMMARY INFORMATION

We refer to the notes we are offering by this prospectus supplement as the "offered notes" or the "notes". Each of
the offered notes, including your notes, has the terms described below and under "Specific Terms of Your Notes" on
page S-19. Please note that in this prospectus supplement, references to "The Goldman Sachs Group, Inc.", "we",
"our" and "us" mean only The Goldman Sachs Group, Inc. and do not include its consolidated subsidiaries. Also,
references to the "accompanying prospectus" mean the accompanying prospectus, dated September 19, 2011, as
supplemented by the accompanying prospectus supplement, dated September 19, 2011, in each case relating to the
Medium-Term Notes, Series D of The Goldman Sachs Group, Inc. References to the "indenture" in this prospectus
supplement mean the senior debt indenture, dated July 16, 2008, between The Goldman Sachs Group, Inc. and The
Bank of New York Mellon, as trustee.

Key Terms

Issuer: The Goldman Sachs Group, Inc.

Index: the EURO STOXX 50 I
®
ndex (Bloomberg symbol, "SX5E Index"), as published by STOXX Limited; see "The Index"
on page S-27

Specified currency: U.S. dol ars ("$")

Face amount: each note will have a face amount equal to $1,000; $1,000,000 in the aggregate for all the offered notes;
the aggregate face amount of the offered notes may be increased if the issuer, at its sole option, decides to sel an
additional amount of the offered notes on a date subsequent to the date of this prospectus supplement

Denominations: $1,000 or integral multiples of $1,000 in excess thereof

Purchase at amount other than face amount: the amount we wil pay you at the stated maturity date for your notes or
upon any early redemption of your notes, wil not be adjusted based on the issue price you pay for your notes, so if you
acquire notes at a premium (or discount) to face amount and hold them to the stated maturity date or date of early
redemption, it could affect your investment in a number of ways. The return on your investment in such notes wil be lower
(or higher) than it would have been had you purchased the notes at face amount. See "Additional Risk Factors Specific to
Your Notes -- If You Purchase Your Notes at a Premium to Face Amount, the Return on Your Investment Wil Be Lower
Than the Return on Notes Purchased at Face Amount and the Impact of Certain Key Terms of the Notes Wil Be
Negatively Affected" on page S-13 of this prospectus supplement

Supplemental discussion of U.S. federal income tax consequences: you wil be obligated pursuant to the terms of the
notes -- in the absence of a change in law, an administrative determination or a judicial ruling to the contrary -- to
characterize each note for al tax purposes as an income-bearing pre-paid derivative contract in respect of the index, as
described under "Supplemental Discussion of Federal Income Tax Consequences" herein. Pursuant to this approach, it is
the opinion of Sidley Austin LLP that it is likely that any interest payment wil be taxed as ordinary income in accordance
with your regular method of accounting for U.S. federal income tax purposes. If you are a United States alien holder of the
notes, we intend to withhold on interest payments made to you at a 30% rate or at a lower rate specified by an applicable
income tax treaty. In addition, upon the sale, exchange, redemption or maturity of your notes, it would be reasonable for
you to recognize capital gain or loss equal to the difference, if any, between the amount of cash you receive at such time
(excluding amounts attributable to any interest payment) and your tax basis in your notes.

Cash settlement amount (on the stated maturity date): for each $1,000 face amount of your notes, in addition to any
accrued and unpaid interest, we will pay you on the stated maturity date, subject to our early redemption right, an amount
in cash equal to:

·
if the final index level is greater than or equal to 50% of the initial index level, $1,000; or

·
if the final index level is less than 50% of the initial index level, the sum of (1) $1,000 plus (2) the product of

(i) $1,000 times (ii) the index return

8 of 59
5/29/2014 10:35 AM

http://www.sec.gov/Archives/edgar/data/886982/000110465914042044/...
Early redemption right: we have the right to redeem your notes, in whole but not in part, at a

S-4
9 of 59
5/29/2014 10:35 AM

http://www.sec.gov/Archives/edgar/data/886982/000110465914042044/...
Table of Contents

price equal to 100% of the face amount plus accrued and unpaid interest to but excluding such redemption date, on the
interest payment date that wil fal on August 29, 2014 and on each interest payment date occurring thereafter, subject to
ten business days' prior notice

Interest rate: For the first 3 monthly interest payment dates, the interest rate wil be a fixed rate of 15.00% per annum.
For the final 177 monthly interest payment dates, the interest rate with respect to any interest payment date wil be
determined on the immediately preceding interest determination date, based on the closing level of the index on each
reference date during the interest period immediately preceding such interest payment date. The interest rate for the final
177 monthly interest payment dates will be equal to: the product of (1) 15.00% times (2) the quotient of (i) the number of
reference dates during the applicable interest period when the closing level of the index was greater than or equal to the
trigger level divided by (i ) the number of reference dates in such interest period

Initial index level: 3,203.28

Final index level: the closing level of the index on the determination date, except in the limited circumstances described
under "Specific Terms of the Notes -- Consequences of a Market Disruption Event or a Non-Trading Day" on page S-20

Trigger level: 3,203.28, which is 100.00% of the initial index level

Closing level of the index: the closing level of the index on any reference date, as further described under "Specific
Terms of Your Notes -- Special Calculation Provisions -- Closing Level" on page S-24

Index return: with respect to the determination date, the quotient of (i) the final index level minus the initial index level
divided by (i ) the initial index level, expressed as a positive or negative percentage

Defeasance: not applicable

No listing: the offered notes wil not be listed or displayed on any securities exchange or interdealer market quotation
system

Business day: as described on page S-23

Trading day: as described on page S-24

Trade date: May 23, 2014

Original issue date: May 29, 2014

Stated maturity date: May 29, 2029, subject to our early redemption right and to adjustment as described under
"Specific Terms of Your Notes -- Payment of Principal on Stated Maturity Date -- Stated Maturity Date" on page S-20

Determination date: May 15, 2029, subject to adjustment as described under "Specific Terms of Your Notes -- Payment
of Principal on Stated Maturity Date -- Determination Date" on page S-20

Interest period: commencing with the interest determination date preceding the 3rd monthly interest payment date, each
period from and including each interest determination date to but excluding the next succeeding interest determination date

Interest determination dates: with respect to the 3rd interest payment date and each interest payment date thereafter,
the tenth scheduled trading day prior to each interest payment date. For example, the interest determination date that
begins the monthly interest period applicable to the 4th interest payment date shall be the tenth scheduled trading day
immediately preceding the 3rd interest payment date and the interest rate to be paid on the 4th interest payment date
shall be determined on the interest determination date that is the tenth scheduled business day prior to the 4th interest
payment date

Interest payment dates: the 29th day of each month (except for the interest payment date in each February, which wil
be the last calendar day of such month), beginning on June 29, 2014, up to and including the stated maturity date, subject
10 of 59
5/29/2014 10:35 AM