By Marisa Wong
Madison, Wis., Sept. 10 - Barclays Bank plc corrected the maturity date for its recently priced $2.2 million of 0% leveraged buffered notes linked to the MSCI EAFE index, according to an amended 424B2 filing with the Securities and Exchange Commission.
The notes are due Sept. 9, 2015, not Sept. 3, 2015 as previously stated.
The payout at maturity will be par plus 1.5 times any gain in the index, up to a maximum payment of $1,250.50 for each $1,000 principal amount. Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% that it declines beyond 10%.
Barclays is the underwriter.
| Issuer: | Barclays Bank plc
|
| Issue: | Leveraged buffered notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $2,203,000
|
| Maturity: | Sept. 9, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.5 times any gain, up to 25.05% maximum return; par if index falls by up to 10%; 1.1111% loss for each 1% that index declines beyond 10%
|
| Initial index level: | 1,724.03
|
| Pricing date: | Sept. 3
|
| Settlement date: | Sept. 10
|
| Underwriter: | Barclays
|
| Fees: | 2%
|
| Cusip: | 06741TE45
|
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