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Barclays Bank PLC announced today the quarterly coupon amount for the iPath ® S&P MLP ETN (ticker: IMLP) (the “ETNs”).
The iPath® S&P MLP ETN is linked to the performance of the consolidated Volume-Weighted Average Price level of the S&P MLP Index (the "Index"), and is designed to pay a quarterly coupon. The Index is designed to provide exposure to leading partnerships that trade on major US exchanges and are classified in the GICS® Energy Sector and GICS® Gas Utilities Industry. The Index includes both master limited partnerships and publicly traded limited liability companies which have a similar legal structure to MLPs and share the same tax benefits as MLPs.