New Issue: Barclays prices $2.36 million buffered notes linked to MSCI EAFE

By Marisa Wong

Madison, Wis., Aug. 28 - Barclays Bank plc priced $2.36 million of 0% buffered notes due Sept. 1, 2016 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the index, up to a maximum payment of $1,359 for each $1,000 principal amount. Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% that it declines beyond 20%.

Barclays is the underwriter.

Issuer:	Barclays Bank plc
Issue:	Buffered notes
Underlying index:	MSCI EAFE
Amount:	$2,355,000
Maturity:	Sept. 1, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, up to 35.9% maximum return; par if index falls by up to 20%; 1.25% loss for each 1% that index declines beyond 20%
Initial index level:	1,751.41
Pricing date:	Aug. 26
Settlement date:	Sept. 3
Underwriter:	Barclays
Fees:	3%
Cusip:	06741TE94

© 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.