New Issue: Barclays prices $2.81 million capped gears linked to Stoxx

By Kiku Steinfeld

Chicago, June 2 – Barclays Bank plc priced $2.81 million of 0% capped gears due July 30, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 3 times any index gain, up to a maximum return of 18.8%.

If the index finishes flat, the payout will be par. Otherwise, investors will receive 1% for every 1% decline of the index.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:	Barclays Bank plc
Issue:	Capped gears
Underlying index:	Euro Stoxx 50
Amount:	$2,806,000
Maturity:	July 30, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 3 times any index gain, up to a maximum return of 18.8%; par if index finishes flat; otherwise, 1% for every 1% decline of index
Initial index level:	3,094.47
Pricing date:	May 28
Settlement date:	May 29
Agents:	UBS Financial Services Inc. and Barclays
Fees:	2%
Cusip:	06747H537

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