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 10/7/2013 in the Prospect News Structured Products Daily.

Barclays plans 14- to 16-month digital notes linked to MSCI EAFE

By Susanna Moon

Chicago, Oct. 7 - Barclays Bank plc plans to price 0% digital notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature in 14 to 16 months. The exact maturity date will be set at pricing.

If the index finishes at or above the 90% trigger level, the payout at maturity will be the maximum settlement amount of $1,062.50 to $1,072.50 for each $1,000 principal amount of notes. The exact cap will be set at pricing.

Otherwise, investors will lose 1.1111% for every 1% decline beyond 10%.

Barclays is the agent.

The Cusip number is 06741TR82.


© 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.