Published on 3/4/2016 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $22.88 million capped leveraged notes on Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., March 4 – Barclays Bank plc priced $22.88 million of 0% capped leveraged notes due July 5, 2018 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 triple any index gain, up to a maximum settlement amount of $1,493.50 for each $1,000 principal amount of notes.
Investors will be exposed to any losses.
Barclays is the agent.
Issuer: | Barclays Bank plc
|
Issue: | Capped leveraged notes
|
Underlying index: | Euro Stoxx 50
|
Amount: | $22.88 million
|
Maturity: | July 5, 2018
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus three times any index gain, return capped at 49.35%; exposure to any losses
|
Initial level: | 2,945.75
|
Pricing date: | Feb. 29
|
Settlement date: | March 7
|
Agent: | Barclays
|
Fees: | 2.47%
|
Cusip: | 06741U5N0
|
|
© 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.