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 4/29/2009 in the Prospect News Structured Products Daily.

Barclays plans protected notes linked to Dow Jones - AIG Commodity

By E. Janene Geiss

Philadelphia, April 29 - Barclays Bank plc plans to price zero-coupon 100% principal-protected notes due Nov. 29, 2012 linked to the Dow Jones - AIG Commodity index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, subject to a maximum return that is expected to be 30% to 50% and will be set at pricing. If the index declines, investors will receive par.

The notes will price on May 26 and settle on May 29.

Barclays Capital Inc. is 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.