Barclays plans two-year capped buffer gears linked to MSCI EAFE

By Susanna Moon

Chicago, May 9 – Barclays Bank plc plans to price 0% capped buffer gears due May 31, 2019 linked to the MSCI EAFE index, according to an FWP filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus double the gain up to a maximum gain of 14% to 17%.

If the index falls by up to 10%, the payout will be par.

Otherwise, investors will be exposed to losses beyond the buffer.

Barclays and UBS Financial Services Inc. are the agents.

The notes will price on May 26.

The Cusip number is 06746J211.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.