Published on 10/23/2019 in the Prospect News Structured Products Daily.
New Issue: Barclays sells $558,000 notes due 2022 on iShares MSCI EAFE
By Wendy Van Sickle
Columbus, Ohio, Oct. 23 – Barclays Bank plc priced $558,000 of 0% notes due Oct. 21, 2022 linked to the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.13 times any ETF gain.
If the ETF falls, investors will be exposed to the first 10% of any loss.
Barclays is the agent.
Issuer: | Barclays Bank plc
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Issue: | Notes
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Underlying ETF: | iShares MSCI EAFE
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Amount: | $558,000
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Maturity: | Oct. 21, 2022
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.13 times any ETF gain; exposure to first 10% of any ETF decline
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Initial level: | $66.27
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Pricing date: | Oct. 18
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Settlement date: | Oct. 23
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Agent: | Barclays
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Fees: | 0.7%
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Cusip: | 06747NHP2
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