Published on 12/3/2013 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $2.83 million PLUS due 2015 linked to Russell 2000
By Jennifer Chiou
New York, Jan. 2 - Barclays Bank plc priced $2,833,500 of 0% Performance Leveraged Upside Securities due Jan. 2, 2015 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10.00 plus three times any gain in the index, up to a maximum payment of $11.314 per note.
Investors will share in losses.
Barclays is the agent with distribution through Morgan Stanley Wealth Management.
Issuer: | Barclays Bank plc
|
Issue: | Performance Leveraged Upside Securities
|
Underlying index: | Russell 2000
|
Amount: | $2,833,500
|
Maturity: | Jan. 2, 2015
|
Coupon: | 0%
|
Price: | Par of $10.00
|
Payout at maturity: | Par plus three times any index gain, up to a maximum payment of $11.314 per note; exposure to losses
|
Initial level: | 1,142.89
|
Pricing date: | Nov. 29
|
Settlement date: | Dec. 4
|
Agent: | Barclays with Morgan Stanley Wealth Management
|
Fees: | 2%
|
Cusip: | 06742E653
|
© 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.