By Jennifer Chiou
New York, Dec. 2 - Barclays Bank plc priced $6,036,200 of 0% Performance Leveraged Upside Securities due Jan. 5, 2015 linked to a basket of two indexes and two funds, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the S&P MidCap 400 index with a 30% weight, the Russell 2000 index with a 30% weight, the iShares MSCI Emerging Markets exchange-traded fund with a 20% weight and the iShares MSCI EAFE ETF with a 20% weight.
The payout at maturity will be par of $10 plus triple any basket gain, up to a maximum return of 13.9%.
Investors will be exposed to any losses.
Barclays is the agent with distribution through Morgan Stanley Wealth Management.
| Issuer: | Barclays Bank plc
|
| Issue: | Performance Leveraged Upside Securities
|
| Underlying assets: | S&P MidCap 400 (30% weight), Russell 2000 (30% weight), iShares MSCI Emerging Markets ETF (20% weight) and iShares MSCI EAFE ETF (20% weight)
|
| Amount: | $6,036,200
|
| Maturity: | Jan. 5, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any basket gain, capped at 13.9%; exposure to losses
|
| Pricing date: | Nov. 26
|
| Settlement date: | Dec. 4
|
| Agent: | Barclays with Morgan Stanley Wealth Management
|
| Fees: | 2%
|
| Cusip: | 6742E414
|
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