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Barclays plans three-year annual autocallables tied to Euro Stoxx 50
By Susanna Moon
Chicago, Sept. 1 – Barclays Bank plc plans to price 0% annual autocallable notes due Oct. 2, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be called at par plus an annual call premium of 12% if each index closes at or above its call level on any of three annual call valuation dates.
The payout at maturity will be par unless the index finishes below its 75% barrier level, in which case investors will be fully exposed to any losses.
Barclays is the agent.
The notes will price on Sept. 27 and settle on Sept. 30.
The Cusip number is 06741VAS1.
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