New Issue: Barclays prices $1.52 million trigger PLUS linked to indexes, ETF

By Angela McDaniels

Tacoma, Wash., Aug. 4 – Barclays Bank plc priced $1.52 million of 0% trigger Performance Leveraged Upside Securities due Feb. 5, 2018 linked to a basket of two indexes and one exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the S&P 500 index, the Euro Stoxx 50 index and the WisdomTree Japan Hedged equity fund.

If the basket return is positive, the payout at maturity will be par of $10 plus 200% of the basket return, subject to a maximum return of 40%. Investors will receive par if the basket falls by 10% or less and will be fully exposed to the basket’s decline if it finishes below the 90% trigger level.

Barclays is the agent. Morgan Stanley Wealth Management is a dealer.

Issuer:	Barclays Bank plc
Issue:	Trigger Performance Leveraged Upside Securities
Underlying basket:	S&P 500 index, Euro Stoxx 50 index and WisdomTree Japan Hedged equity fund, equally weighted
Amount:	$1,520,220
Maturity:	Feb. 5, 2018
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 200% of any basket gain, capped at 40%; par if basket falls by 10% or less; otherwise, full exposure to basket’s decline
Initial levels:	1,930.67 for S&P 500; 3,115.51 for Euro Stoxx 50; $49.97 for ETF
Trigger level:	90% of basket’s initial level
Pricing date:	July 31
Settlement date:	Aug. 5
Agent:	Barclays
Dealer:	Morgan Stanley Wealth Management
Fees:	3%
Cusip:	06742W455

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