Published on 5/8/2017 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $863,000 notes linked to Barclays Trailblazer Sectors 5
By Marisa Wong
Morgantown, W.Va., May 8 – Barclays Bank plc priced $863,000 of 0% notes due Oct. 29, 2020 linked to the Barclays Trailblazer Sectors 5 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 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
|
| Underlying index: | Barclays Trailblazer Sectors 5
|
| Amount: | $863,000
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| Maturity: | Oct. 29, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain; par if index finishes flat or falls
|
| Initial level: | 179.3701
|
| Pricing date: | April 25
|
| Settlement date: | April 28
|
| Agent: | Barclays
|
| Fees: | 3%
|
| Cusip: | 06741VQP0
|
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