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Barclays to price CDs linked to Euro Stoxx 50 index with 45%-50% cap
By Angela McDaniels
Tacoma, Wash., May 8 – Barclays Bank Delaware plans to price 0% certificates of deposit due May 27, 2022 linked to the Euro Stoxx 50 index, according to a term sheet.
The payout at maturity will be par plus the index return, subject to a minimum payout of par and a maximum return that is expected to be 45% to 50% and will be set at pricing.
Barclays is the agent. Incapital LLC is distributor.
The CDs will price May 22 and settle May 28.
The Cusip number is 06740A6H7.
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