Published on 8/16/2021 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $582,000 market-linked notes linked to Euro Stoxx 50
By Kiku Steinfeld
Chicago, Aug. 16 – Barclays Bank plc priced $582,000 of 0% market-linked notes due Aug. 3, 2028 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 100% of the index return, subject to a maximum return of 49%. If the final index level is less than or equal to the initial index level, the payout will be par.
Barclays is the agent. Morgan Stanley Wealth Management is a dealer.
Issuer: | Barclays Bank plc
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Issue: | Market-linked notes
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Underlying index: | Euro Stoxx 50
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Amount: | $582,000
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Maturity: | Aug. 3, 2028
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | If final index level is greater than initial index level, par plus 100% of index return, subject to 49% maximum return; if final index level is less than or equal to initial index level, par
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Initial level: | 4,089.30
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Pricing date: | July 30
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Settlement date: | Aug. 4
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Agent: | Barclays
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Selected dealer: | Morgan Stanley Wealth Management
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Fees: | 3.5%
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Cusip: | 06747W518
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