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Barclays Bank PLC Announces Proposed Change to Index Underlying the iPath® Select MLP ETNs

1. Barclays is consulting on changes to the CIBC Atlas Select Index. 2. The changes may affect the performance of linked iPath® Select MLP ETNs.

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FAQ

Why Neutral?

The proposed changes may not significantly alter BCS’s valuation, similar to past index adjustments.

How important is it?

Changes could influence investor sentiment in linked ETNs, affecting BCS indirectly.

Why Short Term?

Immediate consultation effects may impact ETNs but long-term trends remain unaffected.

Related Companies

ETNCIBC
NEW YORK--(BUSINESS WIRE)--Barclays Bank PLC (“Barclays”), as index sponsor for the CIBC Atlas Select Index (the “Index”), announced that it is running a consultation process on proposed changes to the Index. The return on the iPath® Select MLP ETNs (the “ETNs”), which are issued by Barclays Bank PLC, is linked to the performance of the Index. Currently, as described in the prospectus relating to the ETNs, the Index rebalances on a quarterly basis over four index business days. The proposed cha.

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