Barclays plans to price one-year notes linked to MSCI EAFE index

By Marisa Wong

Madison, Wis., June 11 - Barclays Bank plc plans to price 0% notes due July 2, 2014 linked to the MSCI EAFE index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is at least 85% of the initial index level, the payout at maturity will be par plus the greater of zero and the index return, subject to a maximum return of 20%. If the final index level is less than 85% of the initial index level, investors will lose 1% for every 1% that the final index level is less than the initial level.

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

The notes (Cusip: 06741J2V0) will price June 14 and settle June 19.

© 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.