New Issue: Barclays prices $26.26 million return enhanced notes linked to Nikkei

By Jennifer Chiou

New York, April 14 - Barclays Bank plc priced $26.26 million of 0% return enhanced notes due Oct. 23, 2015 linked to the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus two times any gain, capped at 16.75%.

Investors will be exposed to any losses.

BofA Merrill Lynch is the agent.

Issuer:	Barclays Bank plc
Issue:	Return enhanced notes
Underlying index:	Nikkei 225
Amount:	$26.26 million
Maturity:	Oct. 23, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus two times any gain, capped at 16.75%; exposure to losses
Initial index level:	10,326.15
Pricing date:	April 11
Settlement date:	April 21
Agent:	BofA Merrill Lynch
Fees:	2%
Cusip:	06742K642

© 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.