By Susanna Moon
Chicago, Feb. 26 – Barclays Bank plc priced $2.28 million of 0% buffer gears due Feb. 10, 2021 linked to the Euro Stoxx 50 Equal Weight index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.9 times any index gain.
Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond the buffer.
Barclays and UBS Financial Services Inc. are the agents.
| Issuer: | Barclays Bank plc
|
| Issue: | Buffer gears
|
| Underlying index: | Euro Stoxx 50 Equal Weight index
|
| Amount: | $2,277,900
|
| Maturity: | Feb. 10, 2021
|
| Coupon: | 0%
|
| Price: | Par of $10.00
|
| Payout at maturity: | Par plus 190% of any index gain; par if index falls by up to 20%; exposure to any losses beyond 20%
|
| Initial level: | 957.02
|
| Pricing date: | Feb. 5
|
| Settlement date: | Feb. 8
|
| Agents: | Barclays and UBS Financial Services Inc.
|
| Fees: | None
|
| Cusip: | 06746Q751
|
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