New Issue: Barclays prices $9.35 million notes on Russell 2000, iShares MSCI EAFE

By Marisa Wong

Madison, Wis., Dec. 26 – Barclays Bank plc priced $9.35 million of 5.75% notes due Dec. 28, 2015 linked to the lesser performing of the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

If the return of the lesser performing component is at least negative 15%, the payout will be par. If the return of the lesser performing component is less than negative 15%, investors will lose 1.17647% for every 1% decline beyond the 15% buffer.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Notes
Underlying components:	Russell 2000 index and the iShares MSCI EAFE ETF
Amount:	$9.35 million
Maturity:	Dec. 28, 2017
Coupon:	5.75%, payable monthly
Price:	Par
Payout at maturity:	Par unless return of lesser performing component is less than negative 15%, in which case investors will lose 1.17647% for every 1% decline beyond 15%
Initial levels:	1,195.94 for index, $61.70 for ETF
Pricing date:	Dec. 22
Settlement date:	Dec. 26
Agent:	Barclays
Fees:	None
Cusip:	06741UNT7

© 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.