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 9/30/2023 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $500,000 notes linked to SPDR Gold

By Kiku Steinfeld

Chicago, Oct. 2 – Barclays Bank plc priced $500,000 of 0% notes due March 22, 2028 linked to SPDR Gold Shares, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any fund gain, capped at par plus 66.4%.

If the fund falls, the payout will be par.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Notes
Underlying fund:SPDR Gold Shares
Amount:$500,000
Maturity:March 22, 2028
Coupon:0%
Price:Par
Payout at maturity:Par plus any fund gain, capped at par plus 66.4%; floor of par
Initial level:$183.77
Pricing date:March 17, 2023
Settlement date:March 22, 2023
Agent:Barclays
Fees:3.65%
Cusip:06749NXA5

© 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.