| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for S&P/ASX 200 index > News item |
Barclays plans capped leveraged buffered notes linked to five indexes
By Susanna Moon
Chicago, Sept. 21 – Barclays Bank plc plans to price 22- to 25-month 0% capped leveraged buffered notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 37% initial weight, the FTSE 100 index with a 23% initial weight, the Topix index with a 23% initial weight, the Swiss Market index with a 9% initial weight and the S&P/ASX 200 index with a 8% initial weight.
The payout at maturity will be par plus double any basket gain, up to a maximum settlement amount that is expected to be $1,268 to $1,296 per $1,000 principal amount.
Investors will receive par if the basket falls by up to 5% and will lose 1.0526% for every 1% decline beyond 5%.
The exact maturity date and maximum settlement amount will be set at pricing.
Barclays is the agent.
The Cusip number is 06741UL28.
© 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.