New Issue: Barclays prices $1.2 million of digital notes linked to Euro Stoxx 50

By Tali Rackner

Norfolk, Va., June 10 – Barclays Bank plc priced $1.2 million of 0% digital notes due June 21, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above 90% of its initial index level, the payout at maturity will be par plus the digital return of 9.25%.

Otherwise, investors will lose 1.1111% for each 1% decline in the index beyond 10%.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Digital notes
Underlying index:	Euro Stoxx 50
Amount:	$1,195,000
Maturity:	June 21, 2017
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index finishes at or above 90% of its initial index level, par plus digital return of 9.25%; otherwise, 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:	2,997.55
Pricing date:	June 3
Settlement date:	June 8
Agent:	Barclays
Fees:	1%
Cusip:	06741V4R0

© 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.