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 4/10/2012 in the Prospect News Structured Products Daily.

Barclays plans return enhanced notes with 22% cap tied to McDonald's

By Susanna Moon

Chicago, April 10 - Barclays Bank plc plans to price 0% capped return enhanced notes due May 1, 2013 linked to McDonald's Corp. shares, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in McDonald's shares, up to a maximum return of 22%.

Investors will be exposed to any losses.

JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the agents.

The notes will price on April 13 and settle on April 18.

The Cusip number is 06738K3J8.


© 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.