Published on 10/11/2021 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $2.44 million notes on Barclays Trailblazer Sectors 5 index
By Kiku Steinfeld
Chicago, Oct. 12 – Barclays Bank plc priced $2.44 million of 0% notes due July 27, 2028 linked to the Barclays Trailblazer Sectors 5 index, according to a 525B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain.
If the index falls, the payout will be par.
Barclays is the agent.
Issuer: | Barclays Bank plc
|
Issue: | Notes
|
Underlying index: | Barclays Trailblazer Sectors 5
|
Amount: | $2,435,000
|
Maturity: | July 27, 2028
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 1.5 times any index gain; floor of par
|
Initial level: | 213.7181
|
Pricing date: | July 23
|
Settlement date: | July 28
|
Agent: | Barclays
|
Fees: | 4.5%
|
Cusip: | 06748W3B7
|
|
|
© 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.