New Issue: Barclays prices $3.92 million capped leveraged notes linked to S&P 500

By Devika Patel

Knoxville, Tenn., March 24 – Barclays Bank plc priced $3.92 million of 0% capped leveraged index-linked notes due April 27, 2017 linked to the S&P 500 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 triple the index gain, subject to a maximum payment of $1,150 per $1,000 of notes.

Investors will be fully exposed to any losses.

Barclays is the agent.

Issuer:	Barclays Bank plc
Issue:	Capped leveraged index-linked notes
Underlying index:	S&P 500
Amount:	$3,923,000
Maturity:	April 27, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus triple index gain, capped at $1,150; full exposure to losses
Initial level:	2,049.80
Pricing date:	March 22
Settlement date:	March 31
Agent:	Barclays
Fees:	1.07%
Cusip:	06741U6N9

© 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.