Barclays to price leveraged buffered notes linked to MSCI EAFE

By Marisa Wong

Madison, Wis., Sept. 17 - Barclays Bank plc plans to price 24- to 27-month 0% leveraged buffered notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 1.4 times the index return, subject to a maximum settlement amount of $1,238 and $1,289 per $1,000 principal amount of notes. Investors will receive par if the index declines by 12.5% or less and will lose 1.1429% for every 1% that it declines beyond 12.5%.

The exact maturity date and maximum settlement amount will be set at pricing.

Barclays is the agent.

The Cusip number is 06741K63.

© 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.