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Published on 5/5/2014 in the Prospect News Structured Products Daily.

Barclays to price certificates linked to Euro Stoxx 50 with no cap

By Angela McDaniels

Tacoma, Wash., May 5 - Barclays Bank Delaware plans to price 0% certificates of deposit due May 27, 2021 linked to the Euro Stoxx 50 index, according to a term sheet.

If the index return is greater than zero, the payout at maturity will be par plus the index return. If the index return is less than or equal to zero, the payout will be par.

Barclays is the agent. Incapital LLC is distributor. The fees are expected to be 3.5% or less.

The CDs will price May 23 and settle May 30.

The Cusip number is 06740AS34.


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