Barclays eyes leveraged market-linked notes due 2024 tied to Stoxx

By Sarah Lizee

Olympia, Wash., April 8 – Barclays Bank plc plans to price 0% market-linked securities with leveraged upside participation and fixed-percentage buffered downside due May 3, 2024 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 200% to 210% of any index gain.

Investors will receive par if the index falls by up 25% and will lose 1% for every 1% decline in the index beyond 25%.

Barclays and Wells Fargo Securities, LLC are the agents.

The notes will price on April 30.

The Cusip number is 06747MMC7.

© 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.