New Issue: Barclays prices $4.1 million market plus notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, Nov. 14 - Barclays Bank plc priced $4.1 million of 0% market plus notes due May 13, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index never closes below the 81% barrier level during the life of the notes, the payout at maturity will be par plus any index gain, with a minimum payout of par.

Otherwise, investors will be fully exposed to any losses.

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

Issuer:	Barclays Bank plc
Issue:	Market plus notes
Underlying index:	Euro Stoxx 50
Amount:	$4,101,000
Maturity:	May 13, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If index never dips below barrier level, par plus any index gain, floor of par; otherwise, full exposed to any losses
Initial index level:	3,034.91
Barrier level:	2,458.28, or 81% of initial level
Pricing date:	Nov. 8
Settlement date:	Nov. 14
Agents:	Barclays, JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC
Fees:	1.25%
Cusip:	06741TX36

© 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.