Published on 3/26/2019 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $3 million notes due 2021 linked to Euro Stoxx 50
By Wendy Van Sickle
Columbus, Ohio, March 26 – Barclays Bank plc priced $3 million of 0% notes due March 25, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus any gain up to 19.5%.
If the index falls or is flat, the payout will be par.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Notes
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Underlying index: | Euro Stoxx 50
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Amount: | $3 million
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Maturity: | March 25, 2021
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If the index return is positive, par plus any gain up to 19.5%; if the index falls or is flat, par
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Initial level: | 3,305.73
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Pricing date: | March 22
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Settlement date: | March 27
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Agent: | Barclays
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Fees: | 1.5%
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Cusip: | 06747MKF2
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