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 6/17/2010 in the Prospect News Structured Products Daily.

Barclays plans PLUS linked to Euro Stoxx 50 index via Morgan Stanley

By Jennifer Chiou

New York, June 17 - Barclays Bank plc plans to price 0% Performance Leveraged Upside Securities due Dec. 29, 2011 linked to the Euro Stoxx 50 index via Morgan Stanley Smith Barney LLC and Barclays Capital Inc., according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any index gain, subject to a maximum return that is expected to be 27% to 32% and will be set at pricing. Investors will be fully exposed to any index decline.

The notes will price and settle in June.


© 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.