Published on 4/30/2018 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $1.38 million notes due 2023 on Trailblazer Sectors 5
By Marisa Wong
Morgantown, W.Va., April 30 – Barclays Bank plc priced $1.38 million of 0% notes due April 25, 2023 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 3 times any index gain. If the index finishes flat or falls, the payout will be par.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Notes
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Underlying index: | Barclays Trailblazer Sectors 5
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Amount: | $1,381,000
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Maturity: | April 25, 2023
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 3 times any index gain; par if index finishes flat or falls
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Initial level: | 192.0230
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Pricing date: | April 20
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Settlement date: | April 27
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Agent: | Barclays
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Fees: | 1%
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Cusip: | 06746X4W0
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