New Issue: Barclays prices $9.6 million PLUS linked to Financial Select Sector SPDR

By Susanna Moon

Chicago, June 3 – Barclays Bank plc priced $9.6 million of 0% Performance Leveraged Upside Securities due Sept. 6, 2016 linked to the Financial Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the fund, up to a maximum return of 12.75%.

Investors will be exposed to any losses.

Barclays is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	Barclays Bank plc
Issue:	Performance Leveraged Upside Securities
Underlying fund:	Financial Select Sector SPDR
Amount:	$9,602,410
Maturity:	Sept. 6, 2016
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any fund gain, capped at 12.75%; exposure to any losses
Initial level:	$24.60
Pricing date:	May 29
Settlement date:	June 3
Agent:	Barclays
Distribution:	Morgan Stanley Wealth Management
Fees:	1.75%
Cusip:	06743N736

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