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Published on 8/17/2015 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $11.31 million PLUS due 2016 linked to S&P 500

By Marisa Wong

Morgantown, W.Va., Aug. 17 – Barclays Bank plc priced $11.31 million 0% Performance Leveraged Upside Securities due Nov. 2, 2016 linked to the S&P 500 index, according to a 424B3 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus triple any gain in the index, up to a maximum return of $11.15 per note.

Investors will be exposed to any losses.

Barclays is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:Barclays Bank plc
Issue:Performance Leveraged Upside Securities
Underlying index:S&P 500 index
Amount:$11,308,150
Maturity:Nov. 2, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, capped at 11.5%; full exposure to any losses
Initial index level:2,083.39
Pricing date:Aug. 13
Settlement date:Aug. 18
Agent:Barclays with Morgan Stanley Wealth Management handling distribution
Fees:2.25%
Cusip:06743N223

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