E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/13/2024 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $555,000 notes linked to S&P 500 index

Chicago, Feb. 13 – Barclays Bank plc priced $555,000 of 0% notes due Dec. 31, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus the index return, subject to a maximum return of 30%. If the final index level is less than the initial index level, the payout will be par.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying index:S&P 500 index
Amount:$555,000
Maturity:Dec. 31, 2026
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to initial index level, par plus the index return, subject to maximum return of 30%; if final index level is less than initial index level, par
Initial level:4,783.35
Pricing date:Dec. 28, 2023
Settlement date:Jan. 3, 2024
Agent:Barclays
Fees:0.3%
Cusip:06745PDL2

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.