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Published on 5/30/2014 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $15.9 million buffered performance securities linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., May 30 - Barclays Bank plc priced $15.9 million of 0% buffered performance securities due May 31, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the initial level, the payout at maturity will be par plus 147% of the index return.

Investors will receive par if the index falls by up to 25% and will lose 1% for every 1% decline beyond the 25% buffer.

Barclays and UBS Financial Services Inc. are the agents.

Issuer:Barclays Bank plc
Issue:Buffered performance securities
Underlying index:Euro Stoxx 50
Amount:$15,896,450
Maturity date:May 31, 2019
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 147% of index return; par if index falls by up to 25%; 1% loss for every 1% index decline beyond 25%
Initial index level:3,246.24
Pricing date:May 28
Settlement date:May 30
Agents:Barclays and UBS Financial Services Inc.
Fees:3.5%
Cusip:06742K360

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