By Susanna Moon
Chicago, March 30 - Barclays Bank plc priced $2 million of zero-coupon 100% principal-protected notes due March 31, 2016 based on the S&P BRIC 40 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return, up to maximum return of 55.5%.
Investors will receive at least par.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | 100% principal-protected notes
|
| Underlying index: | S&P BRIC 40
|
| Amount: | $2 million
|
| Maturity: | March 31, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain, capped at 55.5%; floor of par
|
| Initial index level: | 2,454.40
|
| Pricing date: | March 26
|
| Settlement date: | March 31
|
| Agent: | Barclays Capital Inc.
|
| Fees: | 5%
|
| Cusip: | 06740JL81
|
© 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.
