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Published on 10/28/2019 in the Prospect News Structured Products Daily.

Barclays plans leveraged principal-protected notes tied to Euro Stoxx

By Angela McDaniels

Tacoma, Wash., Oct. 28 – Barclays Bank plc plans to price 0% notes due Nov. 23, 2022 linked to the Euro Stoxx 50 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 200% of the index return, subject to a maximum return that is expected to be at least 15.5% and will be set at pricing. If the final index level is less than or equal to the initial index level, the payout will be par.

Barclays is the agent with J.P. Morgan Securities LLC as placement agent.

The notes will price Nov. 22.

The Cusip number is 06747NPD0.


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