E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/27/2017 in the Prospect News Structured Products Daily.

Barclays plans 14-month Accelerated Return Notes linked to S&P 500

By Susanna Moon

Chicago, Oct. 27 – Barclays Bank plc plans to price Accelerated Return Notes due January 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a capped return of 9% to 13%.

Investors will be exposed to any losses.

BofA Merrill Lynch is the agent.

The notes will price and settle in November.


© 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.