New Issue: Barclays prices $925,000 capped return enhanced notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., May 4 – Barclays Bank plc priced $925,000 of 0% capped return enhanced notes due May 18, 2016 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus three times the index return, subject to a maximum return of 19.8%. If the index return is negative, investors will be fully exposed to the decline.

Barclays is the underwriter with J.P. Morgan Securities LLC as agent.

Issuer:	Barclays Bank plc
Issue:	Capped return enhanced notes
Underlying index:	Euro Stoxx 50
Amount:	$925,000
Maturity:	May 18, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus three times index return, subject to 19.8% maximum return; if index return is negative, full exposure to decline
Initial level:	3,615.59
Pricing date:	April 30
Settlement date:	May 5
Underwriter:	Barclays
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	06741UVC5

© 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.