Published on 7/31/2014 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $4.11 million buffered Super Track notes tied to the Dow
By Jennifer Chiou
New York, July 31 – Barclays Bank plc priced $4,113,000 of 0% buffered Super Track notes due July 31, 2019 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain. Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% that it declines beyond 20%.
Barclays is the agent.
Issuer: | Barclays Bank plc
|
Issue: | Buffered Super Track notes
|
Underlying index: | Dow Jones industrial average
|
Amount: | $4,113,000
|
Maturity: | July 31, 2019
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus any index gain; par if index falls by up to 20%; 1% loss for each 1% that index declines beyond 20%
|
Initial index level: | 16,982.59
|
Pricing date: | July 28
|
Settlement date: | July 31
|
Agent: | Barclays
|
Fees: | 3.5%
|
Cusip: | 06741UFP4
|
© 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.