New Issue: Barclays prices $17.5 million capped gears linked to six indexes

By Angela McDaniels

Tacoma, Wash., Oct. 30 – Barclays Bank plc priced $17.5 million of 0% capped gears due Dec. 31, 2018 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 Nikkei 225 index with a 20% weight, the FTSE 100 index with a 20% weight, the S&P/ASX 200 index with a 7.5% weight, the Swiss Market index with a 7.5% weight and the Hang Seng index with a 5% weight.

If the basket return is greater than zero, the payout at maturity will be par of $10 plus three times the basket return, subject to a maximum gain of 16.75%. If the basket return is negative, investors will be exposed to the basket’s decline.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Capped gears
Underlying indexes:	Euro Stoxx 50 (40% weight), Nikkei 225 (20% weight), FTSE 100 (20% weight), S&P/ASX 200 (7.5% weight), Swiss Market (7.5% weight) and Hang Seng (5% weight)
Amount:	$17,504,150
Maturity:	Dec. 31, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If basket return is greater than zero, par plus three times basket return, subject to 16.75% maximum gain; if basket return is negative, exposure to decline
Pricing date:	Oct. 27
Settlement date:	Oct. 31
Agents:	UBS Financial Services Inc. and Barclays
Fees:	2%
Cusip:	06746M479

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