Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Barclays to price certificates linked to Euro Stoxx 50 with no cap
By Angela McDaniels
Tacoma, Wash., June 6 – Barclays Bank Delaware plans to price 0% certificates of deposit due June 24, 2021 linked to the Euro Stoxx 50 index, according to a term sheet.
If the index return is greater than zero, the payout at maturity will be par plus the index return. If the index return is less than or equal to zero, the payout will be par.
Barclays is the agent. Incapital LLC is distributor. The fees are expected to be 3.5% or less.
The CDs will price June 24 and settle June 30.
The Cusip number is 06740AT41.
© 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.