Barclays to price 0% digital plus notes linked to three commodities

By Angela McDaniels

Seattle, July 2 - Barclays Bank plc plans to price zero-coupon principal-protected digital plus notes due July 25, 2012 linked to an equally weighted basket containing coal, copper and gasoline RBOB, according to an FWP filing with the Securities and Exchange Commission.

The notes will price on July 20 and settle on July 25.

If the basket increases by more than 60%, the payout at maturity will be par plus the basket return. Investors will receive par plus 60% if the basket increases by 60% or less and par if the basket declines.

Barclays Capital will be the agent.

© 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.