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Published on 3/17/2015 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $3 million capped leveraged notes tied to Euro Stoxx 50

By Jennifer Chiou

New York, March 17 – Barclays Bank plc priced $3 million of 0% capped leveraged notes due Sept. 16, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive and is above 5%, the payout at maturity will be par plus (a) three times (b) the gain minus 5%, capped at 40.5%. For example, if the index return is 10%, the payout at maturity will be par plus 15%.

Investors will receive par for gains up to 5% and will share in any losses.

Barclays is the agent.

Issuer:Barclays Bank plc
Issue:Capped leveraged notes
Underlying index:Euro Stoxx 50
Amount:$3 million
Maturity:Sept. 16, 2016
Coupon:0%
Price:Par
Payout at maturity:If return is positive and greater than 5%, par plus (a) three times (b) the gain minus 5%, capped at 40.5%; par for gains up to 5%; exposure to losses
Initial index level:3,656.21
Pricing date:March 13
Settlement date:March 20
Underwriter:Barclays
Fees:1.67%
Cusip:06741USM7

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