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Barclays plans PLUS on Global X Robotics & Artificial Intelligence ETF
By Sarah Lizee
Olympia, Wash., Feb. 26 – Barclays Bank plc plans to price 0% Performance Leveraged Upside Securities due March 3, 2023 linked to the Global X Robotics & Artificial Intelligence ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus three times of any ETF gain, capped at par plus 29%.
Investors will be exposed to any losses in the ETF.
Barclays is the agent. Morgan Stanley Wealth Management is the dealer.
The notes will price on Feb. 28.
The Cusip number is 06747F283.
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