Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers B > Headlines for Barclays Trailblazer Sectors 5 index > News item |
Barclays plans principal-protected notes tied to Trailblazer Sectors 5
By Angela McDaniels
Tacoma, Wash., June 13 – Barclays Bank plc plans to price 0% notes due June 30, 2025 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 2.5 times to 3 times the index return. The exact upside leverage factor will be set at pricing. 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 25.
The Cusip number is 06747MYV2.
© 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.