Barclays plans leveraged notes tied to Taiwan, Hang Seng China indexes

By Susanna Moon

Chicago, April 20 – Barclays Bank plc plans to price 0% leveraged notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 18 and 21 months after pricing.

The basket consists of the Taiwan Stock Exchange Capitalization Weighted Stock index with an 80% weight and the Hang Seng China Enterprises index with a 20% weight.

The payout at maturity will be par plus 1.54 to 1.64 times any basket gain, with the exact participation rate to be set at pricing.

Investors will be exposed to any losses.

Barclays is the agent.

The Cusip number is 06741UUL6.

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