Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Barclays plans gears with 3x leverage, cap due 2019 tied to Stoxx 50
By Susanna Moon
Chicago, Aug. 6 – Barclays Bank plc plans to price 0% trigger gears due Oct. 31, 2019 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 return of 25% to 27%.
Investors will lose 1% for each 1% decline.
UBS Financial Services Inc. and Barclays are the agents.
The notes will price on Aug. 29 and settle on Aug. 31.
The Cusip number is 06746T151.
© 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.