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Published on 5/30/2014 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $4.2 million trigger performance securities linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., May 30 - Barclays Bank plc priced $4.2 million of 0% trigger performance securities due May 31, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 145% of the index return.

Investors will receive par if the index falls by up to 50% and will be fully exposed to losses from the initial level if it falls by more than 50%.

Barclays and UBS Financial Services Inc. are the agents.

Issuer:Barclays Bank plc
Issue:Trigger performance securities
Underlying index:Euro Stoxx 50
Amount:$4.2 million
Maturity:May 31, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 145% of index return; par if index falls by up to 50%; fully exposed to losses from initial level if it falls by more than 50%
Initial level:3,246.24
Trigger level:1,623.12, 50% of initial level
Pricing date:May 28
Settlement date:May 30
Agents:Barclays and UBS Financial Services Inc.
Fees:3.5%
Cusip:06742K394

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