Barclays plans capped leveraged notes tied to basket of five indexes

By Devika Patel

Knoxville, Tenn., Dec. 9 – Barclays Bank plc plans to price 16- to 19-month 0% capped leveraged notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% initial weight, the FTSE 100 index with a 23% initial weight, the Topix index with a 23% initial weight, the Swiss Market index with a 9% initial weight and the S&P/ASX 200 index with an 8% initial weight.

The payout at maturity will be par plus triple any basket gain, up to a maximum settlement amount that is expected to be $1,210 to $1,246 per $1,000 principal amount.

Investors will be exposed to all losses.

The exact maturity date and maximum settlement amount will be set at pricing.

Barclays is the agent.

The Cusip is 06741UY24.

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