Barclays to price PLUS notes due 2020 linked to S&P 500

Chicago, Jan. 16 – Barclays Bank plc plans to price 0% Performance Leveraged Upside Securities due May 5, 2020 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 of $10 plus three times of any index gain up to a maximum payment 117.1%.

Investors will be exposed to any losses in the index.

Morgan Stanley Wealth Management is the agent.

The notes will price on Jan. 31 and settle Feb. 5.

The Cusip number is 06746Y408.

© 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.