New Issue: Barclays prices $44.88 million leveraged notes on Taiwan, Hang Seng China indexes

By Marisa Wong

Madison, Wis., April 17 – Barclays Bank plc priced $44.88 million of 0% leveraged notes due Oct. 20, 2016 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Taiwan Stock Exchange Capitalization Weighted Stock index with an 80% weight and the Hang Seng China Enterprises index with a 20% weight.

The payout at maturity will be par plus 1.68 times any basket gain.

Investors will be exposed to any losses.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Leveraged notes
Underlying basket:	Taiwan Stock Exchange Capitalization Weighted Stock index (80% weight) and Hang Seng China Enterprises index (20% weight)
Amount:	$44,884,000
Maturity:	Oct. 20, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.68 times any basket gain; investors will be exposed to any losses
Initial levels:	9,540.06 for Taiwan and 14,471.82 for Hang Seng
Pricing date:	April 15
Settlement date:	April 22
Agent:	Barclays
Fees:	1.67%
Cusip:	06741UUD4

© 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.