Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers B > Headlines for Barclays Bank plc > News item |
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.