Published on 7/30/2018 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $180,000 1.75% notes due 2023 on Trailblazer Sectors 5
By Sarah Lizee
Olympia, Wash., July 30 – Barclays Bank plc priced $180,000 of 1.75% notes due July 31, 2023 linked to the Barclays Trailblazer Sectors 5 index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable annually.
The payout at maturity will be par plus 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: | $180,000
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Maturity: | July 31, 2023
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Coupon: | 1.75%, payable annually
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Price: | Par
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Payout at maturity: | Par plus any index gain; par if index finishes flat or falls
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Initial level: | 193.0865
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Pricing date: | July 26
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Settlement date: | July 31
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Agent: | Barclays
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Fees: | 4%
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Cusip: | 06746XHH9
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