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Prospect News home > News index > List of issuers B > Headlines for Barclays Trailblazer Sectors 5 index > News item |
Barclays plans notes due 2022 tied to Barclays Trailblazer Sectors 5
By Devika Patel
Knoxville, Tenn., Jan. 10 – Barclays Bank plc plans to price 1.5% annual coupon notes due Jan. 31, 2022 linked to the Barclays Trailblazer Sectors 5 index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable on Jan. 31 of each year during the term of the notes, beginning in January 2018 and ending on and including the maturity date. The payout at maturity will be par plus any index gain.
If the index falls, the payout will be par.
Barclays is the agent.
The notes (Cusip: 06741VG71) will price on Jan. 26 and settle on Jan. 31.
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