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Published on 9/18/2017 in the Prospect News Structured Products Daily.

New Issue: Barclays prices $11.63 million leveraged notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Sept. 18 – Barclays Bank plc priced $11.63 million of 0% Leveraged Index Return Notes due Sept. 27, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 196% of the index return. If the index return is negative, investors will have one-to-one exposure to the decline.

BofA Merrill Lynch is the agent.

Issuer:Barclays Bank plc
Issue:Leveraged Index Return Notes
Underlying index:Euro Stoxx 50
Amount:$11,626,530
Maturity:Sept. 27, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 196% of index return; if index return is negative, one-to-one exposure to decline
Initial index level:3,526.48
Final index level:Average of index’s closing levels on five trading days ending Sept. 24, 2019
Pricing date:Sept. 14
Settlement date:Sept. 22
Underwriter:BofA Merrill Lynch
Fees:2%
Cusip:06746L133

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