Barclays Bank Delaware plans CDs due 2022 on S&P 500 Capex Efficiency

By Marisa Wong

Morgantown, W.Va., Oct. 16 – Barclays Bank Delaware plans to price 0% certificates of deposit due Oct. 28, 2022 linked to the S&P 500 Capex Efficiency Daily Risk Control 5% Excess Return index, according to a term sheet.

The payout at maturity will be par plus 1.35 to 1.45 times any index gain. Investors will receive par if the index falls.

Barclays is the agent. Incapital LLC is the distributor.

The CDs will price Oct. 26 and settle Oct. 29.

The Cusip number is 06740FBR8.

© 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.