Barclays plans PLUS due 2016 with 16.75% cap linked to Euro Stoxx 50

By Susanna Moon

Chicago, July 21 – Barclays Bank plc plans to price 0% Performance Leveraged Upside Securities due Nov. 3, 2016 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to a maximum return of 16.75%.

Investors will be exposed to any losses.

Barclays is the agent with Morgan Stanley Wealth Management as the dealer.

The notes will price on July 31 and settle on Aug. 5.

The Cusip number is 06743Q846.

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