Published on 2/7/2017 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $1.16 million notes on Barclays Trailblazer Sectors 5
By Marisa Wong
Morgantown, W.Va., Feb. 7 – Barclays Bank plc priced $1 million of 0% notes due Feb. 3, 2021 linked to the Barclays Trailblazer Sectors 5 index, according to a 424B2 with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.4 times any index gain. If the index finishes flat or falls, the payout will be par.
Barclays is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Notes
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| Underlying index: | Barclays Trailblazer Sectors 5
|
| Amount: | $1 million
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| Maturity: | Feb. 3, 2021
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index return is positive, par plus 1.4 times the index return; otherwise, par
|
| Initial level: | 177.4922
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| Pricing date: | Jan. 30
|
| Settlement date: | Feb. 2
|
| Agent: | Barclays
|
| Fees: | 3.25%
|
| Cusip: | 06741VJB9
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