Barclays Bank Delaware plans CDs due 2021 linked to Euro Stoxx

By Marisa Wong

Madison, Wis., April 4 - Barclays Bank Delaware plans to price 0% certificates of deposit due April 22, 2021 linked to the Euro Stoxx 50 index, according to a term sheet.

The payout at maturity will be par plus any index gain, subject to a maximum return of 177% to 182%. If the index return is zero or negative, the payout will be par.

The CDs (Cusip: 06740AP78) are expected to price on April 17 and settle on April 25.

Barclays is the agent. Incapital LLC is the distributor.

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