Published on 6/27/2013 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $207,000 protected notes with cap linked to the Dow
By Susanna Moon
Chicago, June 27 - Barclays Bank plc priced $207,000 of 0% notes due June 30, 2020 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any gain in the index, up to a maximum return of 60%.
If the index falls, the payout will be par.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Notes
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Underlying index: | Dow Jones industrial average
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Amount: | $207,000
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Maturity: | June 30, 2020
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain, capped at 60% and floor of par
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Initial level: | 14,760.31
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Pricing date: | June 25
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Settlement date: | June 28
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Agent: | Barclays
|
Fees: | 3%
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Cusip: | 06741TXA0
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