Published on 4/19/2024 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $711,000 notes linked to S&P 500
Chicago, April 19 – Barclays Bank plc priced $711,000 of 0% notes due July 24, 2029 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain, capped at par plus 45.5%.
If the index falls, the payout will be par.
Barclays is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Notes
|
| Underlying index: | S&P 500 index
|
| Amount: | $711,000
|
| Maturity: | July 24, 2029
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.5 times any index gain, capped at par plus 45.5%; floor of par
|
| Initial level: | 4,839.81
|
| Pricing date: | Jan. 19
|
| Settlement date: | Jan. 24
|
| Agent: | Barclays
|
| Fees: | 3.85%
|
| Cusip: | 06745PFR7
|
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