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Published on 5/20/2014 in the Prospect News Structured Products Daily.

Barclays plans trigger autocallable notes linked to Ford

By Marisa Wong

Madison, Wis., May 20 - Barclays Bank plc plans to price 0% trigger autocallable optimization securities due May 31, 2019 linked to the common stock of Ford Motor Co., according to an FWP filing with the Securities and Exchange Commission.

If the stock closes at or above the initial share price on any quarterly observation date beginning June 4, 2015, the notes will be automatically called at par plus a call return of 9% per year.

If the notes are not called and the final share price is greater than or equal to the trigger price, 64% to 69% of the initial price, the payout will be par. Otherwise, investors will be fully exposed to losses.

Barclays and UBS Financial Services Inc. are the agents.

The notes will price on May 28 and settle on May 30.

The Cusip number is 06742K188.


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