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 intends to price notes due 2020 linked to Euro Stoxx 50
By Sarah Lizee
Olympia, Wash., Feb. 27 – Barclays Bank plc plans to price 0% notes due Oct. 2, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is greater than zero, the payout at maturity will be par plus 1.1 to 1.15 times the index return.
If the index return is less than zero but greater than or equal to negative 5%, investors will lose 1% for every 1% that the index declines from its initial level.
If the index return is less than negative 5%, the payout will be $950 per $1,000 principal amount of notes.
Barclays is the agent.
The notes will price on March 29.
The Cusip number is 06747MFH4.
© 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.