By Kiku Steinfeld
Chicago, Feb. 10 – Barclays Bank plc priced $809,000 of 0% market-linked notes with leveraged upside participation to a cap and fixed percentage buffered downside due Feb. 5, 2026 linked to a basket of domestic exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the SPDR Dow Jones Industrial Average ETF Trust (60% weight), the SPDR S&P MidCap 400 ETF Trust (20% weight) and the iShares Russell 2000 ETF (20% weight).
The payout at maturity will be par plus 150% of any basket gain, subject to a maximum return of 65%.
Investors will receive par if the basket finishes flat or falls by up to 15% and lose 1% for each 1% decline of the basket beyond 15%.
Wells Fargo Securities, LLC and Barclays are the agents.
Issuer: | Barclays Bank plc
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Issue: | Market-linked notes with leveraged upside participation to a cap and fixed percentage buffered downside
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Basket components: | SPDR Dow Jones Industrial Average ETF Trust (60% weight), SPDR S&P MidCap 400 ETF Trust (20% weight) and iShares Russell 2000 ETF (20% weight)
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Amount: | $809,000
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Maturity: | Feb. 5, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 150% of any basket gain, subject to a maximum return of 65%; par if basket falls by up to 15%; exposure to decline in basket beyond 15%
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Initial prices: | $282.42 for SPDR Dow, $365.46 for SPDR S&P, $160.53 for iShares Russell
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Buffer prices: | 85% of initial prices
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Pricing date: | Jan. 31
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Settlement date: | Feb. 5
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Agents: | Wells Fargo Securities, LLC and Barclays
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Fees: | 4.52%
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Cusip: | 06747NXU3
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