Published on 7/14/2019 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $338,000 notes due 2024 on Barclays Trailblazer Sectors
By Kiku Steinfeld
Chicago, July 15 – Barclays Bank plc priced $338,000 of 0% notes due Dec. 27, 2024 linked to the Barclays Trailblazer Sectors 5 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 2.1 times any index gain.
If the index falls, the payout will be par.
Barclays Capital Inc. 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: | $338,000
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Maturity: | Dec. 27, 2024
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 2.1 times any index gain; floor of par
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Initial level: | 200.9440
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Pricing date: | June 21
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Settlement date: | June 28
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Agent: | Barclays Capital Inc.
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Fees: | 3.65%
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Cusip: | 06747MYJ9
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