New Issue: Barclays prices $2.47 million buffered PLUS with cap linked to Stoxx 50

By Susanna Moon

Chicago, Aug. 19 – Barclays Bank plc priced $2.47 million of 0% buffered Performance Leveraged Upside Securities due March 5, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 32.05%.

Investors will receive par if the index falls by up to 10% and will be exposed to any losses 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:	$2,467,490
Maturity:	March 5, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at 32.05%; par if index falls by up to 10%; exposure to any losses beyond 10%
Initial level:	2,980.54
Pricing date:	Aug. 17
Settlement date:	Aug. 22
Agent:	Barclays
Dealer:	Morgan Stanley Wealth Management
Fees:	2.5%
Cusip:	06740Q245

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.