Barclays tweaks cap on buffered PLUS due 2018 tied to Euro Stoxx 50

By Susanna Moon

Chicago, April 7 – Barclays Bank plc amended the maximum payout amount of its buffered Performance Leveraged Upside Securities due Nov. 5, 2018 linked to the Euro Stoxx 50 index, according to a FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 200% of any index gain, up to a maximum return of at least 36.85%. That compares with the cap of at least 37.1% planned on April 1.

Investors will receive par if the index declines by up to 10% and will lose 1% for every 1% decline beyond 10%.

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

The notes will price on April 15 and settle on April 20.

The Cusip number is 06744K616.

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