Published on 7/21/2023 in the Prospect News Structured Products Daily.
New Issue: Barclays prices $1 million notes linked to C3.ai
By William Gullotti
Buffalo, N.Y., July 21 – Barclays Bank plc priced $1 million of 0% notes due July 11, 2024 linked to the stock performance of C3.ai, Inc., according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any stock gain, capped at par plus 16.5%.
If the stock falls, the payout will be par.
Barclays is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Notes
|
| Underlying stock: | C3.ai, Inc.
|
| Amount: | $1 million
|
| Maturity: | July 11, 2024
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any stock gain, capped at par plus 16.5%; floor of par
|
| Initial level: | $39.08
|
| Pricing date: | July 6
|
| Settlement date: | July 11
|
| Agent: | Barclays
|
| Fees: | 0.6%
|
| Cusip: | 06745MQ43
|
|
|
© 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.
