Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers B > Headlines for Barclays Bank plc > News item |
Barclays plans trigger jump securities linked to Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., June 15 – Barclays Bank plc plans to price 0% trigger jump securities due July 3, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its initial level, the payout at maturity will be par of $10 plus the greater of the return and a fixed percentage of at least 26.05%.
If the index finishes below its initial level but at or above its trigger level, 90% of the initial level, the payout will be par.
Otherwise, investors will lose 1% for each 1% decline from the initial level.
Barclays is the agent with Morgan Stanley Wealth Management as a dealer.
The notes will price on June 16.
The Cusip number is 06746K598.
© 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.