Published on 3/24/2016 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $3.39 million capped leveraged notes on Euro Stoxx 50
By Wendy Van Sickle
Columbus, Ohio, March 24 – Barclays Bank plc priced $3.39 million of capped leveraged notes due April 27, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus triple the index gain, subject to a maximum payment of $1,242.10 per $1,000 of notes.
Investors will be fully exposed to any losses.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Capped leveraged index-linked notes
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Underlying index: | Euro Stoxx 50
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Amount: | $3,385,000
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Maturity: | April 27, 2017
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus triple index gain, capped at $1,242.10; full exposure to losses
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Initial level: | 3,051.23
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Pricing date: | March 22
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Settlement date: | March 31
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Agent: | Barclays
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Fees: | 1.07%
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Cusip: | 06741U6P4
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