Published on 8/9/2022 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $1.2 million notes on Barclays Trailblazer Sectors
By Kiku Steinfeld
Chicago, Aug. 9 – Barclays Bank plc priced $1.2 million of 0% notes due Jan. 15, 2027 linked to the Barclays Trailblazer Sectors 5 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.45 times the index return if the index finishes at or above 100% of its initial level.
Otherwise, investors will receive par.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Notes
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Underlying index: | Barclays Trailblazer Sectors 5
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Amount: | $1,197,000
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Maturity: | Jan. 15, 2027
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.45 times return of index if positive; otherwise, par
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Initial level: | 218.5517
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Pricing date: | Jan. 12
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Settlement date: | Jan. 18
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Agent: | Barclays
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Fees: | 0.8%
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Cusip: | 06748X4K4
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