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Published on 12/16/2015 in the Prospect News Structured Products Daily.

Barclays plans to price PLUS due 2017 linked to Euro Stoxx 50 index

By Wendy Van Sickle

Columbus, Ohio, Dec. 16 – Barclays Bank plc plans to price 0% Performance Leveraged Upside Securities due April 4, 2017 linked to the Euro Stoxx 50 index, according to an FWP filed with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus three times the index return, subject to a maximum return that will be at least 21.25% and will be set at pricing. Investors will be fully exposed to the loss if the index declines.

Barclays is the agent. Morgan Stanley Wealth Management is a dealer.

The notes will price on Dec. 30 and settle on Jan. 5.

The Cusip number is 06743T469.


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