Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers I > Headlines for iShares MSCI EAFE ETF > News item |
Barclays plans five-year SuperTrack notes tied to MSCI EAFE, EM fund
By Susanna Moon
Chicago, May 12 – Barclays Bank plc plans to price 0% SuperTrack notes due June 3, 2022 linked to a basket of exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the iShares MSCI EAFE ETF with a 60% weight and the iShares MSCI Emerging Markets ETF with a 40% weight.
The payout at maturity will be par plus 1.5 times any gain in the basket.
Investors will receive par if the basket falls by up to 30% and will be fully exposed to any losses if the basket finishes below the 70% barrier level.
Barclays is the agent.
The notes will price on May 31 and settle on June 5.
The Cusip number is 06741VTN2.
© 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.