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Published on 6/13/2019 in the Prospect News Structured Products Daily.

Barclays plans principal-protected notes linked to Trailblazer Sectors

By Angela McDaniels

Tacoma, Wash., June 13 – Barclays Bank plc plans to price 0% notes due Dec. 27, 2024 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 2.1 times the index return. If the final index level is less than or equal to the initial index level, the payout will be par.

The index includes an index fee of 0.85% per annum.

Barclays is the agent.

The notes will price June 21.

The Cusip number is 06747MYJ9.


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