US Wrap: Improving construction industry used for Barclays notes

Barclays gives US market access to construction industry

Reverse convertibles tracking stocks of companies that are involved in the construction and manufacturing industry issued by Barclays feature heavily in the latest US issuance. The US construction industry is growing, with 14,000 extra jobs created in April, according to the Labor Department.

The Reverse Convertible Notes linked to Gerdau, a Brazilian company that produces and sells steel internationally, are three-month notes, paying an annual coupon of 12%. There is an 80% barrier; if it is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here