Published on 9/22/2014 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $2.5 million Super Track notes tied to Euro Stoxx 50
By Jennifer Chiou
New York, Sept. 22 – Barclays Bank plc priced $2.5 million of 0% Super Track notes due Jan. 9, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.7 times any index gain. Investors will share in losses.
Barclays is the agent.
Issuer: | Barclays Bank plc
|
Issue: | Super Track notes
|
Underlying index: | Euro Stoxx 50
|
Amount: | $2.5 million
|
Maturity: | Jan. 9, 2017
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 170% of any index gain; exposure to losses
|
Initial index level: | 3,271.37
|
Pricing date: | Sept. 18
|
Settlement date: | Sept. 23
|
Agent: | Barclays
|
Fees: | 1.5%
|
Cusip: | 06741UJZ8
|
|
© 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.