Barclays to price six-year notes linked to Euro Stoxx 50 index

By Toni Weeks

San Luis Obispo, Calif., Sept. 20 - Barclays Bank plc plans to price 0% notes due Sept. 27, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The index return factor will be the index return times the 125% upside leverage factor.

If the index return is positive and the index return factor is greater than 10%, the payout at maturity will be par plus the index return factor, subject to a maximum return of 60%.

If the index return is negative or it is positive but the index return factor is less than or equal to 10%, which means the index return is less than or equal to 8%, investors will receive par plus 10%, or $1,100 per $1,000 principal amount of notes.

The notes (Cusip: 06741TM79) are expected to price Sept. 24 and settle Sept. 27.

Barclays is the underwriter.

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