Barclays plans three-year trigger PLUS tied to Euro Stoxx 50

By Marisa Wong

Madison, Wis., Oct. 6 – Barclays Bank plc plans to price 0% trigger Performance Leveraged Upside Securities due Nov. 3, 2017 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 200% of the index return, subject to a maximum return of at least 67%. If the final index level is less than or equal to the initial index level but is greater than the trigger level, 85% of the initial level, the payout will be par. If the final index level is less than or equal to the trigger level, investors will lose 1% for every 1% that the final index level is less than the initial index level.

Barclays is the underwriter.

The notes are expected to price on Oct. 31.

The Cusip number is 06740D731.

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