Published on 4/28/2020 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $1.54 million notes on Stoxx Global Select Dividend 100
By Sarah Lizee
Olympia, Wash., April 28 – Barclays Bank plc priced $1.54 million of 0% notes due April 28, 2025 linked to the Stoxx Global Select Dividend 100 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.91 times any index gain.
If the index falls, the payout will be par plus the decline of the index, subject to a minimum payout of 90% of par.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Notes
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Underlying index: | Stoxx Global Select Dividend 100 index
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Amount: | $1,543,000
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Maturity: | April 28, 2025
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.91 times any index gain; if the index falls, par plus the decline of the index, subject to a minimum payout of 90% of par
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Initial level: | 2,128.68
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Pricing date: | April 23
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Settlement date: | April 28
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Agent: | Barclays
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Fees: | 2%
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Cusip: | 06747PPH6
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