Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for S&P 500 index > News item |
Barclays plans to price capped leveraged notes linked to S&P 500
By Angela McDaniels
Tacoma, Wash., June 3 – Barclays Bank plc plans to price 24- to 27-month 0% capped leveraged notes linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus three times any index gain, subject to a maximum settlement amount that is expected to be $1,217.50 to $1,253.50 per $1,000 principal amount. If the index declines, investors will be fully exposed to the decline.
The exact maturity date and maximum settlement amount will be set at pricing.
Barclays is the agent.
The Cusip number is 06741UXT6.
© 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.