Published on 3/14/2024 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $2.4 million notes linked to Euro Stoxx 50
By William Gullotti
Buffalo, N.Y., March 14 – Barclays Bank plc priced $2.4 million of 0% notes due March 2, 2029 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.64 times any index gain.
If the index falls, the payout will be par.
Barclays is the agent.
Issuer: | Barclays Bank plc
|
Issue: | Notes
|
Underlying index: | Euro Stoxx 50 index
|
Amount: | $2.4 million
|
Maturity: | March 2, 2029
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 1.64 times any index gain; floor of par
|
Initial level: | 4,885.74
|
Pricing date: | Feb. 27
|
Settlement date: | Feb. 29
|
Agent: | Barclays
|
Fees: | 3.35%
|
Cusip: | 06745PYV7
|
|
© 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.