Published on 8/28/2017 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $1.74 million seven-year notes on Trailblazer Sectors 5
By Marisa Wong
Morgantown, W.Va., Aug. 28 – Barclays Bank plc priced $1.74 million of 0% notes due Aug. 22, 2024 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 1.45 times any index gain, subject to a minimum return of 12%. If the index finishes flat or falls, the payout will be par plus 12%.
Barclays is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Notes
|
| Underlying index: | Barclays Trailblazer Sectors 5
|
| Amount: | $1,737,000
|
| Maturity: | Aug. 22, 2024
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.45 times any index gain, subject to a minimum return of 12%; if index finishes flat or falls, par plus 12%
|
| Initial level: | 185.1110
|
| Pricing date: | Aug. 18
|
| Settlement date: | Aug. 25
|
| Agent: | Barclays
|
| Fees: | 4%
|
| Cusip: | 06744CGK1
|
|
|
© 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.
