Published on 12/23/2014 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $27.74 million Accelerated Return Notes on Euro Stoxx 50
By Jennifer Chiou
New York, Dec. 23 – Barclays Bank plc priced $27,736,130 of 0% Accelerated Return Notes due Feb. 26, 2016 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 300% of any index gain, up to a maximum return of 16.92%.
Investors will be exposed to any losses.
BofA Merrill Lynch is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Accelerated Return Notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $27,736,130
|
| Maturity: | Feb. 26, 2016
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 300% of any index gain, capped at 16.92%; exposure to any losses
|
| Initial level: | 3,141.28
|
| Pricing date: | Dec. 19
|
| Settlement date: | Jan. 5
|
| Agent: | BofA Merrill Lynch
|
| Fees: | 2%
|
| Cusip: | 06742Y352
|
|
|
© 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.
