Published on 1/21/2016 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $1.51 million jump securities tied to Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., Jan. 21 – Barclays Bank plc priced $1.51 million of 0% jump securities due Jan. 18, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its initial index level, the payout at maturity will be par plus the upside payment of 27.5%.
Investors will be exposed to any losses.
Barclays is the agent with Morgan Stanley Wealth Management handling distribution.
Issuer: | Barclays Bank plc
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Issue: | Jump securities
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Underlying index: | Euro Stoxx 50 index
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Amount: | $1,508,800
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Maturity: | Jan. 18, 2018
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Coupon: | 0%
|
Price: | Par
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Payout at maturity: | If the index finishes at or above its initial index level, par plus 27.5%; investors will be exposed to any losses
|
Initial level: | 2,952.48
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Pricing date: | Jan. 15
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Settlement date: | Jan. 21
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Agent: | Barclays with Morgan Stanley Wealth Management handling distribution
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Fees: | 2.5%
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Cusip: | 06743T295
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