Published on 4/4/2019 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $550,000 principal-protected notes linked to Trailblazer Sectors
By Angela McDaniels
Tacoma, Wash., April 4 – Barclays Bank plc priced $550,000 of 0% notes due June 30, 2021 linked to the Barclays Trailblazer Sectors 5 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return. If the final index level is less than or equal to the initial index level, 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 index
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Amount: | $550,000
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Maturity: | June 30, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If final index level is greater than initial index level, par plus index return; if final index level is less than or equal to initial index level, par
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Initial index level: | 191.3791
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Pricing date: | March 26
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Settlement date: | March 29
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Agent: | Barclays
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Fees: | 2.5%
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Cusip: | 06747MHX7
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