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Published on 7/6/2015 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $6.67 million trigger PLUS linked to Euro Stoxx 50

By Tali Rackner

Norfolk, Va., July 6 – Barclays Bank plc priced $6,669,270 of 0% trigger Performance Leveraged Upside Securities due July 6, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 145% of the index return. Investors will receive par if the index declines by less than 35% and will be fully exposed to the index’s decline from its initial level if it falls by 35% or more.

Barclays is the agent with Morgan Stanley Wealth Management as dealer.

Issuer:Barclays Bank plc
Issue:Trigger Performance Leveraged Upside Securities
Underlying index:Euro Stoxx 50
Amount:$6,669,270
Maturity:July 6, 2021
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 145% of index return; par if final index level is less than or equal to initial level but greater than trigger level; full exposure to index’s decline from initial level if final level is less than trigger level
Initial index level:3,424.30
Trigger level:2,225.80, 65% of the initial price
Pricing date:June 30
Settlement date:July 6
Agent:Barclays
Dealer:Morgan Stanley Wealth Management
Fees:3.5%
Cusip:06743N587

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