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Barclays Bank Delaware plans CDs due 2020 linked to Euro Stoxx 50
By Jennifer Chiou
New York, Sept. 4 - Barclays Bank Delaware plans to price 0% certificates of deposit due Sept. 29, 2020 linked to the Euro Stoxx 50 index, according to a term sheet.
The payout maturity will be par plus any index gain, subject to a maximum return of 65% to 75%.
If the index falls, the payout will be par.
The CDs (Cusip: 06740AC64) will price on Sept. 24 and settle on Sept. 30.
Barclays is the agent. Incapital LLC is the distributor.
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