Published on 3/4/2014 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $1.46 million market-linked notes on iShares MSCI EAFE
By Toni Weeks
San Luis Obispo, Calif., March 4 - Barclays Bank plc priced $1.46 million of 0% market-linked notes due March 5, 2021 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any gain in the fund, up to a maximum return of 62%.
Investors will receive par if the fund return is zero or negative.
Barclays is the agent with Morgan Stanley Wealth Management as dealer.
Issuer: | Barclays Bank plc
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Issue: | Market-linked notes
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Underlying fund: | iShares MSCI EAFE ETF
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Amount: | $1,455,000
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Maturity: | March 5, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any fund gain, capped at 62%; par if fund return is zero or negative
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Initial share price: | $67.45
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Pricing date: | Feb. 28
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Settlement date: | March 5
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Agent: | Barclays with Morgan Stanley Wealth Management as dealer
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Fees: | 3.5%
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Cusip: | 06742B634
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