By Jennifer Chiou
New York, June 4 - Barclays Bank plc priced $21 million of 0% Performance Leveraged Upside Securities due July 3, 2015 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 300% of any index gain, capped at 16.5%.
Investors will share in any losses.
Barclays is the agent with Morgan Stanley Wealth Management as dealer.
Issuer: | Barclays Bank plc.
|
Issue: | Performance Leveraged Upside Securities
|
Underlying index: | Euro Stoxx 50
|
Amount: | $21 million
|
Maturity: | July 3, 2015
|
Coupon: | 0%
|
Price: | Par of $10
|
Payout at maturity: | Par plus 300% of any index gain, capped at 16.5%; full exposure to losses
|
Initial index level: | 3,244.60
|
Pricing date: | May 30
|
Settlement date: | June 4
|
Agent: | Barclays with Morgan Stanley Wealth Management as dealer
|
Fees: | 2%
|
Cusip: | 06742K436
|
© 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.