New Issue: Barclays sells $9.35 million Capped Leveraged Index Return Notes on index basket

By Wendy Van Sickle

Columbus, Ohio, Nov. 29 – Barclays Bank plc priced $9.35 million of 0% Capped Leveraged Index Return Notes due Nov. 24, 2023 linked to a basket of unequally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 40% weight, the Nikkei 225 index with a 20% weight, the FTSE 100 index with a 20% weight, the Swiss Market index with a 10% weight, the S&P/ASX 200 index with a 7.5% weight and the FTSE China 50 index with a 5% weight.

The payout at maturity will be par plus 2 times any basket gain, up to a maximum return of 14.82%.

Investors will receive par if the basket falls by up to 10% and will be exposed to any basket decline beyond 10%.

BofA Securities, Inc. is the agent.

Issuer:	Barclays Bank plc
Issue:	Capped Leveraged Index Return Notes
Underlying indexes:	Euro Stoxx 50 (40% weight), Nikkei 225 (20% weight), FTSE 100 (20% weight), Swiss Market (7.5% weight), S&P/ASX 200 (7.5% weight), FTSE China 50 index (5% weight)
Amount:	$9,347,300
Maturity:	Nov. 24, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any basket gain, with return capped at 14.82%; par if basket falls by up to 10%; exposure to loss beyond 10%
Initial index levels:	4,283.82 for Stoxx, 7,266.69 for FTSE, 29,302.66 for Nikkei, 12,366.73 for Swiss, 7,410.565 for S&P/ASX, 17,782.77 for FTSE China 50
Pricing date:	Nov. 23
Settlement date:	Dec. 1
Agent:	BofA Securities, Inc.
Fees:	2%
Cusip:	06747Y530

© 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.