Barclays Bank Delaware to price CDs due 2022 tied to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., July 9 – Barclays Bank Delaware plans to price 0% certificates of deposit due Jan. 28, 2022 linked to the Euro Stoxx 50 index, according to a term sheet.

The payout at maturity will be par any gain in the index. If the index return is zero or negative, the payout will be par.

The CDs (Cusip: 06740AW54) are expected to price July 25 and settle July 31.

Barclays is the agent.

© 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.