New Issue: Barclays sells $3.20 million trigger gears on basket of three indexes

By Marisa Wong

Morgantown, W.Va., Nov. 1 – Barclays Bank plc priced $3,197,000 of 0% trigger gears due Oct. 30, 2020 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket contains the Euro Stoxx 50 index with a 40% weight, the Topix index with a 40% weight and the MSCI Emerging Markets index with a 20% weight.

If the basket return is greater than zero, the payout at maturity will be par of $10 plus 2 times the basket return, capped at $14.375 per note. Investors will receive par if the basket declines by 25% or less and be fully exposed to the basket’s decline from its initial level if it declines by more than 25%.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Trigger gears
Underlying basket:	Euro Stoxx 50 index (40% weight), Topix index (40% weight), MSCI Emerging Markets index (20% weight)
Amount:	$3,197,000
Maturity:	Oct. 30, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If basket return is greater than zero, par plus 2 times basket return, subject to 43.75% maximum gain; par if basket return declines by 25% or less; full exposure to basket’s decline from initial level if it falls by more than 25%
Pricing date:	Oct. 27
Settlement date:	Oct. 31
Agents:	UBS Financial Services Inc. and Barclays
Fees:	2.5%
Cusip:	06746M339

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