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Published on 9/2/2016 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $3.44 million PLUS linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Sept. 2 – Barclays Bank plc priced $3.44 million of 0% Performance Leveraged Upside Securities due Dec. 5, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 22.05%. If the index return is negative, investors will be fully exposed to the decline.

Barclays is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:Barclays Bank plc
Issue:Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$3.44 million
Maturity:Dec. 5, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 300% of index return, subject to 22.05% maximum return; if index declines, full exposure to decline
Initial level:3,023.13
Pricing date:Aug. 31
Settlement date:Sept. 6
Agent:Barclays
Selected dealer:Morgan Stanley Wealth Management
Fees:2.25%
Cusip:06740Q153

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