By Marisa Wong
Madison, Wis., Feb. 12 - Barclays Bank plc priced $5 million of 0% return enhanced notes due Feb. 13, 2018 linked to the Hang Seng China Enterprises index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.77 times any gain in the index.
Investors will share in any losses.
The final index level will be the average of the index's closing levels on the five trading days ending Feb. 8, 2018.
Barclays is the agent with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as dealers.
| Issuer: | Barclays Bank plc
|
| Issue: | Return enhanced notes
|
| Underlying index: | Hang Seng China Enterprises index
|
| Amount: | $5 million
|
| Maturity: | Feb. 13, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.77 times any gain in the index; full exposure to losses
|
| Initial level: | 11,649.78
|
| Pricing date: | Feb. 8
|
| Settlement date: | Feb. 13
|
| Agent: | Barclays
|
| Dealers: | J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA
|
| Fees: | 3%
|
| Cusip: | 06741TNY9
|
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