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Published on 11/3/2015 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $5.69 million trigger return optimization notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, Nov. 3 – Barclays Bank plc priced $5.69 million of 0% trigger return optimization securities due Oct. 31, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of 50.3%.

If the index falls by up to the 80% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

UBS Financial Services Inc. and Barclays are the agents.

Issuer:Barclays Bank plc
Issue:Trigger return optimization securities
Underlying index:Euro Stoxx 50
Amount:$5,690,100
Maturity:Oct. 31, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 200% of any index gain, capped at 50.3%; if index falls by up to 20%, par; if index falls by more than trigger, full exposure to any losses
Initial level:3,421.09
Trigger level:80% of initial level
Pricing date:Oct. 28
Settlement date:Oct. 30
Agents:UBS Financial Services Inc. and Barclays
Fees:2.5%
Cusip:06743Q416

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