E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/4/2019 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $58,000 principal-protected notes linked to Trailblazer Sectors

By Angela McDaniels

Tacoma, Wash., April 4 – Barclays Bank plc priced $58,000 of 0% notes due Dec. 29, 2023 linked to the Barclays Trailblazer Sectors 5 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 225% of the index return. If the final index level is less than or equal to the initial index level, the payout will be par.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying index:Barclays Trailblazer Sectors 5 index
Amount:$58,000
Maturity:Dec. 29, 2023
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than initial index level, par plus 225% of index return; if final index level is less than or equal to initial index level, par
Initial index level:191.3791
Pricing date:March 26
Settlement date:March 29
Agent:Barclays
Fees:3.5%
Cusip:06747MHY5

© 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.