Published on 9/14/2018 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $1.95 million notes due 2020 linked to Euro Stoxx 50
By Wendy Van Sickle
Columbus, Ohio, Sept. 14 – Barclays Bank plc priced $1.95 million of 0% notes due March 4, 2020 linked to Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 1.5 times the gain up to a maximum gain of 14.5%.
If the index falls, investors will be exposed to the first 5% of losses.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Notes
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Underlying index: | Euro Stoxx 50 index
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Amount: | $1,946,000
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Maturity: | March 4, 2020
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If the index return is positive, par plus 1.5 times gain, up to maximum gain of 14.5%; exposure to first 5% of any index losses
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Initial level: | 3,392.9
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Pricing date: | Aug. 31
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Settlement date: | Sept. 6
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Agent: | Barclays
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Fees: | 0.85%
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Cusip: | 06746XL68
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