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     105  0 Kommentare Barclays Bank PLC Announces Change to the Coupon Ex-Date for its iPath Select MLP ETNs

    Barclays Bank PLC (the “Issuer”) announced today that, effective Tuesday, May 28, 2024 (the “Effective Date”), the definition of Coupon Ex-Date for its iPath Select MLP ETNs (the “ETNs”) will be amended. The ETNs trade on the CBOE BZX Exchange under the ticker symbol “ATMP”.

    Prior to the change described above being made, the Coupon Ex-Date (as defined in the prospectus for the ETNs) for the ETNs meant the eighth index business day following each Coupon Valuation Date. Beginning on and including the Effective Date, the Coupon Ex-Date for the ETNs means the ninth index business day following each Coupon Valuation Date. This change will remove the time period between the Coupon Ex-Date and the Coupon Record Date such that these dates will both fall on the ninth index business day following each Coupon Valuation Date.

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    Following the Coupon Valuation Date on May 15, 2024, the next Coupon Ex-Date and Coupon Record Date for the ETNs will be May 29, 2024.

    The change is being made in light of the SEC amendments to Rule 15c6-1(a) under the Securities Exchange Act of 1934 to shorten the standard settlement cycle for securities trades from T+2 to T+1. The amended rules will also shorten the time period for which transactions in stocks and exchange-traded products shall be ex-dividend or ex-rights.

    The pricing supplement and prospectus relating to the ETNs can be found on EDGAR, the SEC website at www.sec.gov, as well as on the product website at http://ipathetn.barclays/ATMPprospectus.

    An investment in the ETNs involves significant risks and may not be suitable for all investors. The ETNs are riskier than ordinary unsecured debt securities and do not benefit from any principal protection. For more information on risks associated with the ETNs, please see “Selected Risk Considerations” below and the risk factors included in the relevant pricing supplement.

    Barclays Bank is the issuer of the ETNs and Barclays Capital Inc. is the issuer’s agent in the distribution. Please contact Barclays Bank for further questions:

    • Financial advisors: Directly contact Barclays Bank at etndesk@barclays.com or 1-212-528-7990 to obtain further information.
    • Individual investors: Instruct your broker/advisor/custodian to email us at etndesk@barclays.com or to call us at: 1-212-528-7990. You may call in together with your broker/advisor/custodian or have them speak to us on your behalf.

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    Barclays Bank PLC Announces Change to the Coupon Ex-Date for its iPath Select MLP ETNs Barclays Bank PLC (the “Issuer”) announced today that, effective Tuesday, May 28, 2024 (the “Effective Date”), the definition of Coupon Ex-Date for its iPath Select MLP ETNs (the “ETNs”) will be amended. The ETNs trade on the CBOE BZX Exchange under …