Published on 6/13/2017 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $601,000 five-year notes on Barclays Trailblazer Sectors
By Marisa Wong
Morgantown, W.Va., June 13 – Barclays Bank plc priced $601,000 of 0% notes due June 3, 2022 linked to the Barclays Trailblazer Sectors 5 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 2.5 times any index gain. If the index finishes flat or 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: | $601,000
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Maturity: | June 3, 2022
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 2.5 times any index gain; par if index finishes flat or falls
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Initial level: | 179.9687
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Pricing date: | May 31
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Settlement date: | June 5
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Agent: | Barclays
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Fees: | 0.75%
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Cusip: | 06741WCJ7
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