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Barclays plans to price dual directional trigger PLUS on Euro Stoxx 50
By Marisa Wong
Los Angeles, April 8 – Barclays Bank plc plan to price 0% dual directional trigger Performance Leveraged Upside Securities due Oct. 15, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes above its initial level, the payout at maturity will be par plus at least 130% of the gain. The exact upside leverage factor will be set at pricing.
If the index finishes flat or falls by up to 35%, the payout will be par plus the absolute value of the index return.
Otherwise, investors will be fully exposed to any losses.
Barclays is the agent with Morgan Stanley Wealth Management as a dealer.
The notes will price on April 9.
The Cusip number is 06747G430.
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