By Susanna Moon
Chicago, July 1 - Barclays Bank plc priced $1 million of 0% buffered Super Track notes due Sept. 5, 2012 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any fund gain, up to a maximum return of 15.375%.
Investors will receive par if the shares fall by up to 10% and will lose 1% for every 1% decline beyond 10%.
Barclays Capital Inc. is the agent.
| Issuer: | Barclays Bank plc
|
| Issue: | Buffered Super Track notes
|
| Underlying fund: | iShares MSCI EAFE index fund
|
| Amount: | $1 million
|
| Maturity: | Sept. 5, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 150% of any fund gain, capped at 15.375%; par if shares fall by up to 10%; 1% loss per 1% drop beyond 10%
|
| Initial level: | $60.14
|
| Pricing date: | June 30
|
| Settlement date: | July 6
|
| Agent: | Barclays Capital Inc.
|
| Fees: | None
|
| Cusip: | 06738KNE7
|
© 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.
