E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/10/2021 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $887,000 leveraged upside participation market-linked notes on indexes

Chicago, Dec. 10 – Barclays Bank plc priced $887,000 of 0% market-linked securities with leveraged upside participation and contingent downside due April 6, 2026 linked to the lowest performing of the Dow Jones industrial average, Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 155% times any gain of the lowest-performing index.

If any index falls but not more than 30%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline of the worst-performing index.

Wells Fargo Securities, LLC and Barclays Capital Inc. are the agents.

Issuer:Barclays Bank plc.
Issue:Market-linked securities with leveraged upside participation and contingent downside
Underlying indexes:Dow Jones industrial average, Nasdaq-100 index and the Russell 2000 index
Amount:$887,000
Maturity:April 6, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus 155% times any gain of worst-performing index; if any index falls but not more than the threshold level, par; otherwise, 1% loss for every 1% decline of worst-performing index
Initial levels:33,066.96 for Dow, 12,896.53 for Nasdaq, 2,195.796 for Russell
Threshold levels:23,146.872 for Dow, 9,027.571 for Nasdaq, 1,537.0572 for Russell, 70% of initial levels
Pricing date:March 30
Settlement date:April 5
Agent:Barclays Capital Inc. and Wells Fargo Securities LLC
Fees:3.62%
Cusip:06748EAE3

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.