Published on 10/11/2018 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $2.27 million notes due 2020 linked to Euro Stoxx 50
By Wendy Van Sickle
Columbus, Ohio, Oct. 11 Barclays Bank plc priced $2.27 million of 0% notes due April 2, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 1.5 times the gain in the index, up to a maximum payout of par plus 15%.
Investors will be exposed to up to 5% of the losses with a minimum payout of 95% of par.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Notes
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Underlying index: | Euro Stoxx 50 index
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Amount: | $2,274,000
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Maturity: | April 2, 2020
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If the index return is positive, par plus 1.5 times the gain in the index, up to a maximum payout of par plus 15%; exposure to up to 5% of any loss, with minimum payout of 95% of par
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Initial level: | 3,399.2
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Pricing date: | Sept. 28
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Settlement date: | Oct. 3
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Agent: | Barclays
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Fees: | 0.85%
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Cusip: | 06746XPW7
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