Published on 2/28/2017 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $946,000 notes tied to Barclays Trailblazer Sectors
By Susanna Moon
Chicago, Feb. 28 – Barclays Bank plc priced $946,000 of 0% notes due Aug. 27, 2020 linked to the Barclays Trailblazer Sectors 5 index, according to a 424B2 with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
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: | Barclays Trailblazer Sectors 5
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Amount: | $946,000
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Maturity: | Aug. 27, 2020
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus index return, floor of par
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Initial level: | 180.879
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Pricing date: | Feb. 23
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Settlement date: | Feb. 28
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Agent: | Barclays
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Fees: | 3%
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Cusip: | 06741VJK9
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