Published on 6/24/2014 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $3.93 million partial principal at risk notes on Euro Stoxx
By Marisa Wong
Madison, Wis., June 24 – Barclays Bank plc priced $3.93 million of 0% equity-linked partial principal at risk securities due June 25, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 140% times the index return, subject to a minimum payout of $9 per note.
Barclays is the agent. Morgan Stanley Smith Barney LLC is handling distribution.
Issuer: | Barclays Bank plc
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Issue: | Equity-linked partial principal at risk securities
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Underlying index: | Euro Stoxx 50 index
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Amount: | $3,925,500
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Maturity: | June 25, 2021
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Coupon: | 0%
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Price: | Par of $10
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Payout at maturity: | Par plus 1.4 times index return, subject to minimum payout of $9
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Initial index level: | 3,302.36
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Pricing date: | June 20
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Settlement date: | June 25
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Agent: | Barclays
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Distribution: | Morgan Stanley Smith Barney LLC
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Fees: | 3.5%
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Cusip: | 06742W752
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