Published on 7/25/2018 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $292,000 six-year notes on Trailblazer Sectors 5
By Marisa Wong
Morgantown, W.Va., July 25 – Barclays Bank plc priced $292,000 of 0% notes due July 25, 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 3.1 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
|
Underlying index: | Barclays Trailblazer Sectors 5
|
Amount: | $292,000
|
Maturity: | July 25, 2024
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 3.1 times any index gain; par if index finishes flat or falls
|
Initial level: | 193.1385
|
Pricing date: | July 20
|
Settlement date: | July 27
|
Agent: | Barclays
|
Fees: | 4.25%
|
Cusip: | 06746XH71
|
|
© 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.