Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers B > Headlines for bebe stores, inc. > News item |
Barclays plans issue of 13.5% reverse convertibles linked to bebe stores
By Angela McDaniels
Seattle, Aug. 17 - Barclays Bank plc plans to price an issue of 13.5% reverse convertible notes due Aug. 31, 2007 linked to bebe stores inc. stock, according to an FWP filing with the Securities and Exchange Commission.
The settlement date will be Aug. 31.
Interest will be payable monthly.
At maturity, investors will receive par unless bebe stores stock finishes below the initial price and falls below the protection price, 70% of the initial share price, between Aug. 28, 2006 and Aug. 28, 2007, in which case the payout will be a number of bebe stores shares equal to $1,000 divided by the initial share price.
Barclays Capital Inc. will be the agent.
© 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.