Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for Whole Foods Market, Inc. > News item |
Barclays to price 11.05% reverse convertibles linked to Whole Foods Market
By E. Janene Geiss
Philadelphia, Jan. 29 - Barclays Bank plc plans to price an issue of 11.05% reverse convertible notes Aug. 14, 2007 linked to the common stock of Whole Foods Market Inc.
Interest will be paid monthly.
At maturity, investors will receive par unless Whole Foods Market stock falls below the knock-in price - 80% of the initial share price - during the life of the notes and finishes below the initial share price, in which case the payout will be a number of Whole Foods Market shares equal to $1,000 divided by the initial share price.
The notes are expected to price Feb. 9 and settle Feb. 14.
Barclays Capital will be the agent.
© 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.