| 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 plans trigger PLUS linked to Euro Stoxx 50, S&P 500 indexes
New York, Nov. 2 – Barclays Bank plc plans to price 0% trigger Performance Leveraged Upside Securities due May 16, 2019 linked to worse performing of the Euro Stoxx 50 index and the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
If the returns of both indexes are positive, the payout at maturity will be par of $10 plus at least 210% of the return of the worse performing index. The exact leverage factor will be set at pricing.
Investors will receive par if the worse performing index declines by 30% or less and will be fully exposed to the decline of the worse performing index if it falls by more than 30%.
Barclays is the agent. Morgan Stanley Wealth Management is a dealer.
The notes will price on Nov. 13 and settle on Nov. 18.
The Cusip number is 06743T303.
© 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.