New Issue: Barclays prices $1.28 million capped leveraged notes linked to indexes

By Susanna Moon

Chicago, Feb. 8 – Barclays Bank plc priced $1.28 million of 0% capped leveraged notes due April 6, 2017 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% initial weight, the FTSE 100 index with a 23% initial weight, the Topix index with a 23% initial weight, the Swiss Market index with a 9% initial weight and the S&P/ASX 200 index with an 8% initial weight.

The payout at maturity will be par plus triple any basket gain, up to a maximum settlement amount of $1,261 per $1,000 principal amount.

Investors will be exposed to any losses.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Capped leveraged notes
Underlying indexes:	Euro Stoxx 50 (37% initial weight), FTSE 100 (23% initial weight), Topix (23% initial weight), Swiss Market (9% initial weight) and S&P/ASX 200 (8% initial weight)
Amount:	$1,279,000
Maturity:	April 6, 2017
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus triple any index gain, capped at 26.1%; exposure to any losses
Initial levels:	2,896.63 for Euro Stoxx, 5,837.14 for FTSE, 1,406.27 for Topix, 8,123.74 for Swiss Market and 4,876.757 for S&P/ASX
Pricing date:	Feb. 3
Settlement date:	Feb. 10
Underwriter:	Barclays
Fees:	None
Cusip:	06741U4L5

© 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.