Published on 1/24/2020 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $1.02 million notes linked to two ETFs
By Wendy Van Sickle
Columbus, Ohio, Jan. 24 – Barclays Bank plc priced $1.02 million of 0% notes due Jan. 20, 2023 linked to the least-performing of the iShares MSCI ACWI ETF and the Real Estate Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.
If the least-performing ETF return is positive, the payout at maturity will be par plus the least-performing ETF gain.
Otherwise, the payout will be par.
Barclays is the agent.
Issuer: | Barclays Bank plc
|
Issue: | Notes
|
Underlying ETFs: | iShares MSCI ACWI ETF and Real Estate Select Sector SPDR fund
|
Amount: | $1.02 million
|
Maturity: | Jan. 20, 2023
|
Coupon: | 0%
|
Price: | Par of $10
|
Payout at maturity: | If the least-performing ETF return is positive, par plus the least-performing ETF gain; otherwise, par
|
Initial levels: | $81.31 for ACWI, $39.59 for real estate fund
|
Pricing date: | Jan. 17
|
Settlement date: | Jan. 23
|
Agent: | Barclays
|
Fees: | 0.45%
|
Cusip: | 06747P2Z1
|
|
© 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.