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Published on 7/6/2020 in the Prospect News Structured Products Daily.

New Issue: Barclays sells $2.55 million market-linked notes on Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, July 6 – Barclays Bank plc priced $2.55 million of 0% market-linked notes due July 6, 2027 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, capped at $14.50 per $10.00 of notes. Investors will receive par if the index finishes flat or falls.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Market-linked notes
Underlying index:Euro Stoxx 50 index
Amount:$2,554,000
Maturity:July 6, 2027
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at $14.50 per $10 of notes; par otherwise
Initial price:3,234.07
Pricing date:June 30
Settlement date:July 6
Agents:Barclays
Fees:3.5%
Cusip:06747J400

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