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Published on 9/2/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $1.3 million buffered PLUS linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Sept. 2 – Barclays Bank plc priced $1.3 million of 0% buffered Performance Leveraged Upside Securities due March 5, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum return of 32.85%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index may decline beyond 10%.

Barclays is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:Barclays Bank plc
Issue:Buffered Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$1,301,250
Maturity:March 5, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 200% of index return, subject to 32.85% maximum return; par if index declines by 10% or less; 1% loss for every 1% that index may decline beyond 10%
Initial level:3,023.13
Pricing date:Aug. 31
Settlement date:Sept. 6
Agent:Barclays
Selected dealer:Morgan Stanley Wealth Management
Fees:3%
Cusip:06740Q138

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