Barclays Bank to price CDs due 2022 linked to Euro Stoxx 50 index

By Toni Weeks

San Luis Obispo, Calif., Jan. 9 – Barclays Bank Delaware plans to price 0% certificates of deposit due Jan. 28, 2022 linked to the Euro Stoxx 50 index, according to a term sheet.

The payout at maturity will be par plus the index return, subject to a maximum return of 70% to 75% that will be set at pricing. Investors will receive a minimum payout of par.

Barclays is the agent. Incapital LLC is the distributor.

The CDs (Cusip: 06740A4C0) will price Jan. 26 and settle Jan. 29.

© 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.