Published on 3/24/2023 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $3.11 million notes linked to Nasdaq, S&P, Russell
By William Gullotti
Buffalo, N.Y., March 24 – Barclays Bank plc priced $3.11 million of 0% notes due June 21, 2024 linked to the Nasdaq-100 index, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any gain of the worst performing index, subject to a maximum return of par plus 12.55%.
Otherwise, the payout will be par.
Barclays is the agent.
Issuer: | Barclays Bank plc
|
Issue: | Notes
|
Underlying indexes: | S&P 500 index, Russell 2000 index, Nasdaq-100 index
|
Amount: | $3,113,000
|
Maturity: | June 21, 2024
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus any gain of the worst performing index, capped at par plus 12.55%; floor of par
|
Initial levels: | 3,916.64 for S&P, 1,725.891 for Russell, 12,519.88 for Nasdaq
|
Pricing date: | March 17
|
Settlement date: | March 22
|
Agent: | Barclays
|
Fees: | 0.65%
|
Cusip: | 06749NWP3
|
|
© 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.