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Barclays to price buffered performance notes linked to Euro Stoxx 50
By Marisa Wong
Madison, Wis., May 5 - Barclays Bank plc plans to price buffered performance securities due May 31, 2019 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the index finishes at or above the initial level, the payout at maturity will be par plus 147% to 157% of the gain, with the exact participation rate to be set at pricing.
Investors will receive par if the index falls by up to 25% and will lose 1% for every 1% decline beyond 25%.
Barclays and UBS Financial Services Inc. are the agents.
The notes will price May 28 and settle May 30.
The Cusip number is 06742K360.
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