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Published on 7/19/2017 in the Prospect News Structured Products Daily.

Barclays plans review notes due 2019 linked to Euro Stoxx 50 index

New York, July 19 – Barclays Bank plc plans to price 0% review notes due July 24, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The notes will be called at par plus a call premium of 8% if the index closes at or above its initial level on the Aug. 3, 2018 review date or at par plus a call premium of 16% if its average level on July 15, 16, 17, 18 and 19 of 2019 is above its initial level.

If the notes are not called and the index finishes at or above its 65.95% barrier level then the payout at maturity will be par.

Otherwise the payout will be par minus 1% for each 1% decline in the index from its initial level.

Barclays is the agent with J.P. Morgan Securities LLC as placement agent.

The notes will price on July 21 and settle on July 26.

The Cusip number is 06744CCR0.


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